Wednesday, December 31, 2008

This is buzzing around the viral bins right now...

...it's a compilation of Peter Shiff speaking with Fox News and CNBC economic "experts" about the toxicity of the upcoming financial markets and stocks as well as predicting, quite perfectly, the recession and housing/credit implosion. There's nothing better than watching Fox News assholes giggle and condescend when you know they are dead wrong in retrospect. Perhaps my favorite part is the complete failure of Ben Stein (who is solidifying himself as one of Hollywood's biggest asshats) to see ANY of this coming...pleading with his fans to pick up financial stocks and shouting about how the "financial crunch is way overblown" and the subprime problem is a "tiny problem", allthewhile complaining about how Peter's position lacks evidence. Considering he implores his viewers to invest in Merrill Lynch (a company he owned a bit of stock in himself) because it was an impeccably run company, I'm wondering whether Ben Stein has any money left himself.

It's a good bit of vid.

2 comments:

Lee said...

I think we should ask Peter Schiff to pick us some Lottery Numbers. It's creepy how dead on he was. Ben Stein should just collect his Ferris Buehler residuals and disappear.

Shanna said...

HOLY SHIT. He knew EXACTLY what was going on. Wouldn't you love to sit with Ben Stein and all the fucks at Fox News while they watch this montage? Only in a dream.....