Posts in "peter schiff"

BenLevine16's picture
By Benjamin Levine at 4:14PM
Jan 11, 2012

Listen to Those Who Saw It Coming

An unfortunate consequence of government policy"Air Force veteran Nellie Cooper thought she was following good advice when she refinanced her home's mortgage with an adjustable-rate loan," writes Gidget Fuentes of armytimes.com.  Turns out this was not the case.  Rather, following many years of illusionary expansion and soaring prices in the housing market, people like Cooper faced "financial ruin" when it all came crashing down.  After an environment was created by the government in which anybody could buy a house -- whether they could afford it notwithstanding -- the situation quickly changed.  The bubble burst and the price many individuals paid went beyond a dollar value.

Unfortunately, we are still stuck in this rut as the government has not decreased its active role in our lives and in the market.  However, we can look back before the housing bubble popped and observe something very impressive: There were many people who actually saw it coming.  Not surprisingly, they all have something in common: they're a part of the pro-liberty movement.


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Megan Duffield's picture
By Megan Duffield at 5:40PM
Feb 8, 2011

Lightening Round with Peter Schiff

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A week from today, we will be meeting with Peter Schiff to sit down and talk about Silver Circle's dystopian setting and the correlation to the world we live in today. Schiff is known best for his prediction of the 2008 economic downturn, which is now evolving into his 2011 predictions. It's not looking pretty for the dollar and this artificially propped up economy.

However, this is your chance to pick the brain of one of the best financial experts in the country!  Click to SilverUnderground.com to send in questions for Peter Schiff.

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Eric Sieker's picture
By Eric Sieker at 9:51PM
Jun 26, 2010

Overdose: The Next Financial Crisis

Overdose - The Next Financial Crisis : Official Trailer from Martin Borgs on Vimeo.

Johan Norberg, author and Senior Fellow at the Cato Institute, has a new documentary called Overdose: The Next Financial Crisis. The film is based on Norberg’s book Financial Fiasco which gives a rundown of the events that led up to the current economic mess in the United States. In Overdose Norberg and filmmaker Martin Borgs describe the collapse that awaits us.  The documentary contains interviews with Gerald Celente, Peter Schiff, and Vernon Smith among others.


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Bonnie Kristian's picture
By Bonnie Kristian at 9:32AM
Apr 5, 2010

Schiff Challenges Greenspan to a Debate

The challenge doesn't come til about the eight minute mark -- this would be a sweet debate to watch, no? 

Note:  YAL does not support or oppose any candidates for office.

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Nick Leavens's picture
By Nick Leavens at 12:25PM
Dec 8, 2009

Cash for Caulkers

If you regularly watch or read interviews with Peter Schiff, you'll know he has long predicted a 'dough-for-dumps' program.  Like many of the other successes he's had in forecasting the economic situation we are in, it appears his dough-for-dumps scenario may be realized to an extent.  Expect to see it announced next week by the President.

...the economy still needs help. So White House officials are looking at creating a new version of cash for clunkers — this time for home weatherization.

John Doerr, the Silicon Valley venture capitalist, and former President Bill Clinton have separately suggested versions of the idea to the White House. Mr. Doerr calls his proposal, which would give households money to pay for weatherization projects, “cash for caulkers.” Rahm Emanuel, President Obama’s chief of staff, told me, “It’s one of the top things he’s looking at.”

While the Cash for Clunkers program spent a total of around $3 billion; or $24,500 per car, the Doerr plan would cost $23 billion over two years.  That $23 billion would be well spent according to the author of the editorialized article, David Leonhardt:

Done right, cash for caulkers would be precisely the kind of stimulus that makes the most sense: spending money now to save money later.

Perhaps you can help me attempt to educate Mr. Leonhardt and others on the simple economic theory of the broken window fallacy by posting it on your facebook and twitter feeds?

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Bonnie Kristian's picture
By Bonnie Kristian at 10:15PM
Dec 2, 2009

College graduates' loan debt climbs to record levels

For students in Oregon (and around the country) times aren't good.  Debt and tuition are up; job opportunities are down:

More than 60 percent of Oregon's 2008 graduates in public and private colleges took loans averaging $21,029. That is the 22nd highest debt rate in the nation, and just slightly lower than the national average – a record high of $23,200.

Aggravating the problem is their difficulty in finding jobs that enable them to pay off their loans. National unemployment rates  for college graduates ages 20 to 24 rose from 7.6 percent in 2008 to 10.6 percent this year....At the same time, tuition has gone up significantly.

Peter Schiff has an explanation for the first two problems (well, and the third, but that's another blog post):

 It's the government's fault for handing out so much money through loans and grants.  No government bailout, Schiffian logic goes, no inflated tuition.

"College should not be so expensive. It's the biggest recession since the Great Depression. How could college prices go up?" Schiff asked...

Read the rest here.

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Matt Cockerill's picture
By Matt Cockerill at 6:06PM
Nov 22, 2009

Judge Nap in Negotiations for FOX TV spot-- Let's help him out!

Ernest Hancock reports that Judge Napolitano is in negotiations with Fox News to put "Freedom Watch" on the air--Right now!

To those unfamiliar with Napolitano's program, it is the real deal. "Freedom Watch," is no wussified, watered-down version of liberty, but rather, a fearless upholding of classical liberalism in opposition to government theft, coercion, and mass murder.* Regular guests include Lew Rockwell, Tom Woods, Peter Schiff, and Ron Paul; YAL executive director Jeff Frazee has also appeared on the program.


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Trevor Leach's picture
By Trevor Leach at 12:35PM
Nov 17, 2009

Can't Keep Peter Schiff Down

I caught this yesterday on CNBC's Fast Money and, as with any Peter Schiff video, it is worth the 5 minutes of your time.  The best part is definitely when Schiff mentions the Dow is not going up in terms of real money (Gold) and gets a few laughs from the hosts. 

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Seth Mann's picture
By Seth Mann at 11:15AM
Nov 7, 2009

Ron and Rand Paul, Schiff, Stossel, Napolitano on Glenn Beck Show

Judge Napolitano was filling in for Glenn Beck on Friday's show and had Ron and Rand Paul as guests as well as Peter Schiff and John Stossel.  Enjoy:


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Rachel Kania's picture
By Rachel Kania at 11:32PM
Nov 6, 2009

Peter Schiff on Glenn Beck Show

Once again, I am late to inform you that Peter Schiff was on the Glenn Beck show tonight at 5 p.m. eastern. However, there is this wonderful thing called Youtube. Check out the video here.

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