Vindication
The Daily Dish | By Andrew Sullivan — Watch the contempt for Peter Schiff over the past two years: I feel his pain. Politically, some of us diagnosed the conservative implosion years ago - and earned the same kind of contempt for getting it right. ...

Peter Schiff on the Economy - 2007 & 2007
Maggie's Farm — Somebody has compiled clips of Peter Schiff, the Ron Paul economic advisor and president of Darien, Connecticut-based Euro Pacific Capital, from Fox News business segments over the past few years, debating with the likes of Ben Stein and Art Laffer.  It deserves to be watched in it's entirety.

Peter Schiff Gets It Right on the Economy - 2006 & 2007
Maggie's Farm — Somebody has compiled clips of Peter Schiff, the Ron Paul economic advisor and president of Darien, Connecticut-based Euro Pacific Capital, from Fox News business segments over the past few years, debating with the likes of Ben Stein and Art Laffer.  Schiff gets the last laugh.

This Guy Predicted The Financial Crisis And Was Derided For It (VIDEO)
The Huffington Post | Full News Feed — Watch the contempt from Fox News for Peter Schiff over the past two years: I feel his pain. His economic sense and foresight escaped me. But politically, some of us diagnosed the conservative implosion years ago - and earned the same kind of contempt from the same kind of baying hounds for getting it right. More on Housing Crisis<br style="clear: both;"/> <a style='font-size: 10px; color: maroon;' ...

Video: Blogger stocking up on ammunition, canned goods for recession
Hot Air » Top Picks — Video: Blogger stocking up on ammunition, canned goods for recession posted at 9:21 pm on November 14, 2008 by Allahpundit Send to a Friend | printer-friendly Two predictions, the first (amazingly) from former Ron Paul advisor Peter Schiff circa 2006-07, the second from Trends Research CEO Gerald Celente circa last week. I plan on using my platform at HA in the coming months to organize the Order of the Hand , with me in the Will Ferrell role. Those who fear an apocalyptic Celente-esque recession are welcome to join me in the mountains. We shall subsist on corned beef and Jack, and worship as our goddess Rebecca Gomez.

uggabugga — Peter Schiff vs. idiot market commentators: Shiff, totally correct about housing and the economy, was disputed and ridiculed over the last couple of years. A collection of segments where Shiff appeared on Fox is here (10 min YouTube). Shiff is a Ron Reagan / Ron Paul guy and favors less government spending. Whatever you may think of that, his remarks on housing and credit were correct.

Guns, Ammo, And Christmas Spam … And Then Come The “Obama Babies”
Pat Dollard | Young Americans — Alright, all you right wingnuts with butts and guns … We all have a crystal clear idea of what is coming down the pike at us the next four years … unless there is Divine intervention in the 2010 elections. They talk about this Christmas … Yeah, Me, my hubby, the two older daughters, and the one son-in-law have decided to pull one name out of the hat at Thanksgiving dinner so we aren’t buying for everyone. Limiting the price to spend at no more than $50 (if that) … no outside gifts for anyone … concentrating any other gifts on Lizzie, Mickey, and Sophia. ...

Peter Shiff, painfully correct and surrounded by clowns.
Althouse — Financial punditry, 2006-2007. 10 minutes long and worth every minute: (Via Bloggingheads.) blog advertising blog advertising

Peter Schiff’s Payback
QandO — The insufferable Peter Schiff has a video going around, which frankly, is just brilliant. He may be unpleasant at times, but he nailed this thing, and took mounds of abuse while doing so. More importantly, I KNOW HOW HE FEELS! ...

Dumbasses On Parade
Daily Pundit — In which one of Ronald Reagan’s primary economic advisors comes off as an unbelievable dumbass, and a guy named Peter Shiff looks like a genius. Hey, Laffer, you dumbass - thanks for the laff! Have you paid that penny to Shiff yet? (via Althouse and Instapundit) ...

YouTube o' the Day: Drop Everything and Watch This Now
Doug Ross @ Journal — If you haven't seen this video yet, make time now. It illustrates an astounding series of predictions by Peter Schiff in the face of incredible opposition by the talking heads of econ. [image] And now I know why Arthur Laffer was an honored guest on the Bill Maher show a couple of weeks ago. Labels: Economy // posted by directorblue @ 7:32 PM Permalink |

Late reading
The Sideshow — Sorry about the unscheduled pause in posting, but last time I felt like that my mother was there to take care of me. I'm still a bit weak, but readers have been keeping me up to date: Tim F. at Balloon Juice says More On The Detainee Landmine: Some pundits think that we should wait and see what Obama does with the Bush-era torture regime; in my opinion that attitude is dangerously wrong. America's credibility hangs by a rapidly fraying thread. Saving it will depend on relentless pressure from prominent pundits, preferably voices much more prominent than Glenn Greenwald, to pull up the rocks and expose the entire regime to ...

Peter Schiff Was Right 2006 - 2007
Theo Spark — His economic predictions were right. H/T Shelly

Peter Schiff was prescient about the economy (and the other talking heads were obnoxious jerks)
Newshoggers.com — by Jay McDonough This video is astonishing.  It's a compilation of cable news show panels discussing the state of the economy in the 2006, 2007 timeframe, with Peter Schiff (president of Euro Pacific Capital) appearing in all the discussions. What's noteworthy is how absolutely spot on Peter Schiff was about the impending doom and how the ...

Peter Schiff calls his shot. Again and again and again.
Corrente — Let's admit it: Ron Paul's finance guy knew a thing or two about a thing or two. See the background on this at Cannonfire.  Read more…

Peter Schiff’s Prescient Pessimism
The Moderate Voice — Aaron Task: There’s a popular YouTube clip called “Peter Schiff Was Right” that shows the president of Euro Pacific Capital engaged in on-air debates with financial luminaries such as Art Laffer and Ben Stein, circa 2006-07. The clips show the wisdom of Schiff’s dire forecasts — and, judging from the dismissive reactions, just how far he was outside the mainstream. Ben Stein publicly apologized to Schiff in a New York Times column, but Laffer refuses to admit defeat, recently telling Bill Maher his economic forecasts have a statute ...

Flashbacks
Suburban Guerrilla — Via Corrente, this interesting collection of 2006-2007 predictions by Peter Schiff (Ron Paul’s finance guy) about the coming recession (and just listen to which stocks the “experts” are pushing): From Cannonfire: This video sequence offers a compendium of appearances (covering the 2006-2007 period) by Euro Pacific Capital president Peter Schiff, who is a frequent — and frequently disrespected — talking head on cable news shows. What astonishes is not just the accuracy of his dour predictions about the economy but the sheer arrogance of every ...

It's not that Schiff was so correct, it's that the shows were so manipulative
Angry Bear — by: Divorced one like Bush Crooks and Liar's posted this video, but their presentation seems more from a position of how correct Peter Shiff was. I think what is more important, and a better lesson to learn is how much crap was being presented by Fox as real, reliable, truthful information that "you can use". Listen to the other "panelists". If we do not learn to understand "crap" reporting, if we do not learn to understand story telling for selfish purpose, if we do not learn to understand that propagandizing is not solely a political tool, but more importantly an economic tool, we will not solve our's and the worlds current economic ...

Does Being Right Matter?
Pat Dollard | Young Americans — Sad… this dude used to role with Ron Paul.

Call Him Meier
d r i f t g l a s s — Arthur Laffer shown here in happier days, wearing his full dress Reaganomics uniform, sporting both his "Grand Order of Jesusland Economics -- Trickle Down First Class" medal, and the prestigious "Culture War Merit Cross with Laffer-Curve Clusters". So why dress this debunked fraud up like Fat Hermann? Well, read on and see if you notice any similarities... Hermann Göring, 9 August 1939: "The Ruhr will not be subjected to a single bomb. If an enemy bomber reaches the Ruhr, my name is not Hermann Göring: you can call me Meier!" Arthur Laffer, 28 August 2006: "The U.S. ...

Let's resolve for 2009 to never, ever listen to conservative economists ever again
Brilliant at Breakfast — This one comes to us via the inimitable Driftglass, and as you watch these bozos giggling at Peter Schiff like Maureen Dowd making fun of Barack Obama, you understand why the word "douchenozzle" was coined:

Save Money, Turn Off Your TV
Swampland — Thanks to the wonders of YouTube there are now hundreds of videos online about all the financial TV punditry that was horribly, terribly, awfully, totally and completely dead wrong over the last couple years. Not that any of you are taking your investment cues from Fox News, but there is an inevitable vertigo (or is it schadenfreude?) that comes with ...

The Last Laugh
Booman Tribune — You have to watch this video. It's a compilation of Fox News economic experts (including that eponymous intelligent design movie maven , Ben Stein) laughing and dismissing the claims of Peter Schiff, head of EuroPacific Capital, who predicted the economic crisis we're in now as long ago as 2006. All the other FoX investment experts mock him and his claims repeatedly. And then, led by Ben Stein they recommend in late 2007 that you should invest in Financial stocks like Merrill Lynch and Bear Stearns! Watch the whole video. It really gives you a flavor for the fantasy world that our conservative business elites were living in not so long ago: ...

The Most Inconvenient Truth: 13 straight years of Global Cooling
Pundit Review — The Most Inconvenient Truth: 13 straight years of Global Cooling If the same thing happened for 13 straight years, would you call it a trend? An emerging consensus? How about an incredibly inconvenient truth? The data shows that not only is Global Warming not happening, but we are well into a cooling period that could last for quite some time . It is clear why the fanatics have re-branded Global Warming as Climate Change. When the Warmest in History Isn’t by Debra J. Saunders When it comes to global warming, newspapers play up stories that reinforce the prevalent the-sky-is-falling belief that global warming is human-caused and ...

Schiff: Cassandra or stopped clock? You decide
neo-neocon — Peter Schiff is an interesting case of prognostication. Take a look at this video (or any number of others), and you will find him describing the financial crisis-to-be with a fair amount of detail and specificity before it happened: So, was Schiff a genuis? And were all the others fools? The latter question is easier to answer than the former: yes. They were as wrong as they could be, and most were arrogant about it as well. A losing combination. And if you followed their advice you lost too, big-time. But as the old saying goes, even a stopped clock is right twice a ...

My day as a smelly tourist in Washington DC
Pundit Review — My day as a smelly tourist in Washington DC With an invitation like this from Senate Majority Leader Harry “The War Is Lost” Reid, how could I resist going to Washington DC and seeing the new Capitol Visitors Center? Here it is, the Capitol Visitors Center, all $660 million of it 036 The smelly, unwashed masses wait for their tours to begin 037 038 Directly behind the Visitors Center, The Supreme Court 051 A lone protester awaits the Court’s ruling on the legitimacy of Barack Obama’s birth certificate 052 I couldn’t resist hearing her pitch On the Mall side of the Capitol, preparations are underway for the Inauguration ...

The Climate Change Red Herring
Pundit Review — The Climate Change Red Herring red%20herring Just in case you are still under the delusion that the Global Warming Climate Change Fanatics are all about the environment, comes this nugget from the UN. U.N. says poor nations need $130B for climate change EVERY YEAR POZNAN, Poland (AP) — The U.N. climate change organization has said the world’s poor countries will need $130 billion dollars a year by 2030 to help them adapt to global warming and curb their carbon emissions. The U.N. says rich countries (ed. note: that’s you and me) need to increase their payments over the next 20 years to six times the funds available now, which is about $21 ...

Unbelievable stat of the day/week/month/year
Pundit Review — Unbelievable stat of the day/week/month/year From the always excellent Crossing Wall Street , This is stunning. Total Democratic Presidential Votes Since 1932: 745,407,082 Total Republican Presidential Votes Since 1932: 745,297,123 How’s that for parity? That’s a difference of 109,959 votes out of over 1.5 billion cast. Comments Name (required) Mail (will not be published) (required) Website

Operation Troop Support
Pundit Review — Operation Troop Support sends 25,000 Christmas gifts overseas this weekend Dick and Christine Moody founded Operation Troop Support in 2003 in order to serve deployed men and women in uniform from across the country. This weekend, Operation Troop Support put the Post Office in overdrive, sending an astounding 25,000 individually wrapped Christmas presents to the troops deployed overseas. That is amazing. You learn more about this great group by visitning their website . You can also contact them at Operation Troop Support c/o Dick and Christine Moody 16 Trinity Street Danvers, MA 01923 What is Pundit Review Radio ? Pundit Review Radio is ...

bush legacy
Pundit Review — The Al Franken campaign wants the state Canvassing Board to rule on whether this ballot should count. plymouth17-thumb-300x164

Alice Schroeder’s The Snowball: Warren Buffett and the business of life
Pundit Review — Alice Schroeder’s The Snowball: Warren Buffett and the business of life Snowball Alice Schroeder has scored one of the most coveted assignments in financial journalism, writing the first authorized biography of the world’s greatest investor and one of its richest men, Warren Buffett. This is an incredible score, especially considering Schroeder is not a journalist but a noted insurance industry analyst and former managing director at Morgan Stanley. This is no fawning profile of a sainted figure. This is the warts and all story of a very complex human being. As much as there is to admire about Warren Buffett the investor, his personal life leaves a lot ...

The anti-Clemens retires on top
Pundit Review — The anti-Clemens retires on top Greg Maddux retired yesterday with 355 wins, four Cy Young and 17 consecutive seasons with at least 15 wins. He did his job, treated those around him with respect and went back to his anonymous life. How athletes treat the game and those around it matters to me as a fan. Some players just don’t get it . Maddux always seemed to get it. He was the anti-Clemens, as a personality and as a pitcher. I find it sublime that he finished with one more career win than the grounded Rocket. SI’s Tom Verducci is appreciating the genius of Maddux Every time I talked with Maddux I learned something, and not always about ...

You’re so Thain!
Pundit Review — You’re so Thain! head_up_your_ass Photo: John Thain, CEO of Merrill Lynch In one of the most tone deaf and arrogant moves of all time, Merrill Lynch CEO John Thain went to the board of directors and demanded that he receive his $10 million bonus. In this environment? Unbelieveable. What makes it even more disgraceful is that John Thain was the highest paid CEO in the S&P 500 in 2007, taking home $83.1 million last year . I know, that’s only about $40 million after taxes, but still! To be asking for a $10M bonus right now is about the most arrogant thing I have ever heard. Let’s not forget, during his time at Goldman Sachs, he accumulated more than ...

The birth of Climate Change hysteria
Pundit Review — The birth of Climate Change hysteria Sociologist Robert Brulle’s graph tracking network news coverage of global warming, via NY Times Dot Earth blog . Yes, that final arrow is pointing to the release of Al Gore’s “An Inconvenient Truth”, GlobalWarming How sad it is the level of hyperbole , fraud and intimidation that have been put upon the American public world in the name of Global Warming Climate Change. Talk about a crime against the humanity. GoreLies Comments Name (required) Mail (will not be published) (required) Website

GM stat of the day
Pundit Review — The Al Franken campaign wants the state Canvassing Board to rule on whether this ballot should count. plymouth17-thumb-300x164

Gary Sinise: Patriot
Pundit Review — Gary Sinise: Patriot sinese Michael Yon once told me about Gary Sinese and how much time, energy and money he gives back to the troops. Unlike most in his profession, Sinese does these things away from the camera and behind the scenes. Yesterday he was recognized for his enormous contributions to those in uniform. From the White House , Gary Sinise is a humanitarian and a patriot. Working alongside our military and reaching out a compassionate hand to Iraqi children, he is helping a society once brutalized by a tyrant to rebuild and realize the great blessings of liberty. He has also travelled the world to show America’s gratitude to our ...

Silence of the Rahm’s
Pundit Review — Silence of the Rahm’s So how is Team Obama handling their first crisis? On the face if it, they seems to be in a good position. In the wiretaps, Gov. Blogo is heard railing against Team Obama because he would get nothing but appreciation from them, and he wasn’t looking for “thanks” but cold hard cash. ABC’s George ‘Stephy’ Stephanopolous is out front defending Team Obama , The Illinois governor is just so angry on all of these tapes about the fact that he’s not going to get anything from the Obama team, even resorting to calling him a “mother******” and saying of the president-elect”F*** him.” From a crisis communications standpoint Team Obama is ...

Madoff’s $50 billion fraud has local impact
Pundit Review — Madoff’s $50 billion fraud has local impact This is an unbelievable story. CNBC: Madoff’s Investors Facing Billions in Potential Losses Investors scrambled on Friday to assess potential losses from the $50 billion fraud allegedly perpetrated by Bernard Madoff, a day after the arrest of the prominent Wall Street trader. Prosecutors and regulators accused the 70-year-old former chairman of the Nasdaq Stock Market of masterminding a Ponzi scheme of epic proportions through a hedge fund he ran… …Madoff said “there is no innocent explanation’ for his activities, and that he ‘paid investors with money that wasn’t there,” according to the federal complaint. ...

2008: The Year In Media Highlights
Politics on HuffingtonPost.com — It's the end of the year, and so I must answer the call for summative listicles of things. So, why not a list of stuff I liked that people in the mass media did this year? Okay! Obviously this is by no means meant to be complete or offered despotically as the be-all-end-all list on this subject. Maybe you'd like to add your own highlights in the comments, or send me an email with your own nomination? That way, I'll have the fodder for something to write on New Year's Eve as well! Anyway, i hope you enjoy this! TEN THINGS THAT MANAGED TO NOT SUCK IN 2008, MEDIA EDITION 1. FiveThirtyEight.com The uncanny, poll-wrangling, ...

2008: The Year In Media Highlights
The Huffington Post | Full News Feed — It's the end of the year, and so I must answer the call for summative listicles of things. So, why not a list of stuff I liked that people in the mass media did this year? Okay! Obviously this is by no means meant to be complete or offered despotically as the be-all-end-all list on this subject. Maybe you'd like to add your own highlights in the comments, or send me an email with your own nomination? That way, I'll have the fodder for something to write on New Year's Eve as well! Anyway, i hope you enjoy this! TEN THINGS THAT MANAGED TO NOT SUCK IN 2008, MEDIA EDITION 1. FiveThirtyEight.com The uncanny, poll-wrangling, ...

Ben Stein Dropped As University of Vermont Commencement Speaker
Politics on HuffingtonPost.com — According to the Burlington Free Press, bit-actor and intelligent design enthusiast Ben Stein will no longer be serving as this year's University of Vermont commencement speaker. The offer was withdrawn by University president Dan Fogel, apparently after the decision touched off a firestorm of critical emails from people objecting to Stein's take on evolution. Somehow, Fogel managed to miss Stein's views on the subject, which he elucidated in the movie Expelled, complete with histrionic Darwin-caused-the-Holocaust metaphors. (Stein contends that "Love of God and compassion and empathy leads you to a very glorious place, and science leads you to ...

Ben Stein Dropped As University of Vermont Commencement Speaker
The Huffington Post | Full News Feed — According to the Burlington Free Press, bit-actor and intelligent design enthusiast Ben Stein will no longer be serving as this year's University of Vermont commencement speaker. The offer was withdrawn by University president Dan Fogel, apparently after the decision touched off a firestorm of critical emails from people objecting to Stein's take on evolution. Somehow, Fogel managed to miss Stein's views on the subject, which he elucidated in the movie Expelled, complete with histrionic Darwin-caused-the-Holocaust metaphors. (Stein contends that "Love of God and compassion and empathy leads you to a very glorious place, and science leads you to ...

Being Right Is The Worst Sin
The Agonist - thoughtful, global, timely — Watching the apologists in this montage would be hilarious, if Schiff's warnings and admonitions and predictions weren't all true. There is no sin greater in modern American culture than being right. I don't know much about Schiff, never read anything by him or watched him on TV, but you got to give it to him, he was right. Not to mention him and Roubini and Taleb and a handful of others.

Sucks To Be Right
Newshoggers.com — By BJ Via the Agonist, a little clip montage worth sharing: I don't pretend to be a financial expert, but the imbalances that Schiff was noting in the above clips were obvious for anyone to see. It says a great deal that everyone was basically laughing at him and acting like he was out of his ...

Conservative Economics: Let’s Make Sense!
The Mahablog — Sean Paul Kelly of The Agonist found this video clip from August 2006. As Sean Paul says, I don’t know anything about Peter Schiff, but he was right, and econoclown Arthur Laffer is, um, not. The word “fool” doesn’t even come close. BTW, I understand Laffer has come out against any sort of stimulus package, but I can’t find a direct link to anything he’s written since last fall. Maybe he’s not well; he’s too big a fool to actually shut up. Dennis Waldman, aka Kagro X, at Congress Matters has a look back at what Republicans said about Bill ...

Bernanke, Central Planner Par Excellence
Winds of Change.NET — Peter Shiff (so A.L. will know what his kids have been reading) goes after Arthur Laffer, Ben Stein (which A.L. will enjoy), and others: I especially love the laughter of his opponents. The most powerful central planner in the world, displaying the usual track record: