Tag Archives: US economy

Peter Schiff on Wall Street, US dollar, US Treasury bonds, China, Barack Obama, US economy, US jobs, US housing market, US tax credits, US student loans, Warren Buffett, Bill Gates, America, capitalism, assett bubbles, US bailouts, Ron Paul, gold standard, paper money, our Founding Fathers, etc.

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Peter Schiff (November 13, 2009):

Peter Schiff (November 9, 2009) on US dollar carry trade:

http://en.wikipedia.org/wiki/Peter_Schiff

He is running for US Senate:

http://schiffforsenate.com/

The Whole Foods CEO on health care, veganism, and free markets

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John Mackey on health care, veganism, and free markets

&#8220-The last thing our country needs is a massive new health-care entitlement that will create hundreds of billions of dollars of new unfunded deficits and move us much closer to a government takeover of our health-care system. Instead, we should be trying to achieve reforms by moving in the opposite direction—toward less government control and more individual empowerment.&#8221-

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4 miscellaneous web links you cant afford to ignore

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– Max Keiser and Alec Baldwin lecture little Nigel Eccles (of HubDub) on Italian cheese and the US economy.

– Auction system in the NFL. – Via prof Mike Giberson from Texas.

– Local newspapers are going down the toilets, and so is democracy.

– It is an L-shaped recession. [*]

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[*] Happy Saturday morning, anyway. :-D

l-letter-l

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Peter Schiff on Max Keisers The Oracle

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With this 6th episode, The Oracle is finally out of beta. The show is now well structured.

It is both informative and entertaining &#8212-and it has rhythm and style.

  • The TV show has 3 parts, as you all know, and each of these 3 parts focuses on one single issue. Excellent.
  • The interview of the main guest (this time, Peter Schiff) is well conducted and long enough so we can capture many insights &#8212-not just snippets.
  • The main guest is now a person of global stature &#8212-as opposed to the French, German and Arab guests (with strong foreign accents) we had to endure in the previous episodes.
  • Stacy Herbert (&#8221-The Queen Of Facts&#8221-) has finally been tamed. It was about time. (Women.) She now focuses on one single issue, introducing the issue of each of the 3 parts of the show.
  • Her &#8220-headlines&#8221- are now usable &#8212-they are now well readable on the TV screen. (She puts black headlines on a white screen, whereas The McLaughlin Group would rather put white headlines on a black screen. Both techniques are usable. It is a question of taste.)
  • She gave us a very good chart in part one. I want her to show one chart in each of the 3 segments of the show. I WANT CHARTS, STACY.
  • I never met Max Keiser in person. He was described to me as a friendly, low-key fella. But as soon as the red light flashes on the camera, he becomes another man &#8212-a funny, sometimes hilarious, financial animal, who immediately becomes the center of the attention. There is that expression in English that sums it up: &#8216-he is stealing the show&#8217-, literally. He expresses his contrarian arguments in a Daffy Duck-like voice, with some kind of exuberant body language rarely seen on TV &#8212-the fella is a spectacle by himself.
  • I hope that The Oracle (the disco machine that beams out the predictions) will be re-introduced in the show. It was a good gimmick.
  • I also hope they will feature prediction market charts, later on. :-D
  • Overall, the show is a very good piece of infotainment. I never quite saw this on TV before. There is the hilarity, but there is also the seriousness of dealing with the global banking, financial and economic crisis &#8212-quite not a laughing matter in the first place. Quite a mix.

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Enough blogging.

Now, watch the show. :-D

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