Way back in 2006, while everyone was predicting a great outlook for 2007 and the housing market, Peter Schiff was on FOX's Bulls and Bears calling the meltdown and basically getting bullied and shouted down by the arrogant pinhead cast:
Why would anyone listen to anything else those guys say?
Flash foward and the same pinheads are saying that the bailout is our only way out of this mess. Meanwhile on Bloomberg, Schiff opines that it's going to do more damage in the long run:
Sunday, September 28, 2008
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2 comments:
Robert Reich called it too...
http://robertreich.blogspot.com/
check out this clip from two weeks later, it's even better
http://www.youtube.com/watch?v=60CLQse27p8
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