Thursday, November 13, 2008

The price of being right

is ridicule and disdain if you're Peter Schiff, president of Euro Pacific Capital.
Watch him in this video compilation of appearances on Fox News over the past two years try again and again to warn people of the coming financial meltdown and consequent recession. The first excerpt is August, 2006.
Observe how he is practically laughed off the camera by fellow panelists and smirking anchors. Listen to his analysis. Did he get anything wrong? Unbelievable.

hat tip Andrew Sullivan


Blogger J. Marquis said...

How about that financial analyst with the long greasy hair? He looks like he just came from his professional wrestling gig...

5:42 PM  

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