This Guy Predicted The Financial Crisis And Was Derided For It (VIDEO)

Atlantic:

Watch the contempt from Fox News for Peter Schiff over the past two years:

I feel his pain. His economic sense and foresight escaped me. But politically, some of us diagnosed the conservative implosion years ago - and earned the same kind of contempt from the same kind of baying hounds for getting it right.

Read the whole story: Atlantic

Comments

[trying-to-be-objective]

Wow! Is Schiff on Obama's economic team? He should be!

[cuomofied]

Are you sure you want Ron Paul's economic adviser working for Obama? That would make you a centrist. Can you handle that?

[ObamaSheeple]

W. Buffett is on his team and Buffett has been warning about derivatives since 2000. Credit Default Swaps drove the sub-prime debacle. This Schiff would be a good addition to the team. I sincerely hope he and Roubini get the respect they deserve from now on.

[ebanks84]

Does Obama know about this guy. Somebody needs to call him, write a letter, send smoke signals to Obama and tell him ab out Peter Schiff. He's amazing. The man with the master plan. Made all of FOX look stupid and ignorant.

[cuomofied]

Ron Paul does. Peter was his economic adviser. Can you handle an intelligent free market thinker?

[maxwellinformed]

I feel for you, if you watch Fox for market advise. LOL.

[Badfickle]

Where can I buy shares of Peter Schiff?

[ebanks84]

Tell me about it!

[4TJefferson]

Give Peter a job! Faux news clowns predict 16k DOW in '08. Woops! Ben Stein? Ben Stein? Get the hook or a rope. He liked the Financials?! Are you kidding me. Charles liked Bear Sterns?! Wow.

[zippywpinhead]

Laffer is an id.iot...

[sammyscout]

Kudlow, Laffer and all the other embiciles should just go away, dissappear, go drive a cab if they let you or server food at a all nite diner if they feel youre qualified but dont come on Tv and be so arrogant and so wrong and still continuye in that vain. Kudlows website (official) still has the same aniti-0bama pro-W junk. Go away. Now

[PDXTransplant]

Wow, this guy must have a crystal ball. I would LOVE LOVE LOVE to see the reaction from all of the others that were putting him down. What jerks - this guy Shiff deserves a medal. Too bad no one listened to him. Hindsight is 20 20.

[sammyscout]

No surprise from faux noise there,

Peter Schiff for Treasury Secretary- h3ll yeah

Above all the guy knew what he was talking about and could back himself when challenged by the morally and intellectaully bankrupt faux people.

[DarthVector]

Peter Schiff for Treasury Secretary!

[totalliberal]

As a former Nixon speech writer, and economics teacher in Ferris Bueller's Day Off, everyone should take Ben Stein's advice. Typical Fox expert.

"Bueller,............................ Bueller.......................Bueller"!

[marijam]

All of these Fox News commentators except for Peter should be fired and Fox should hire people who know what they are talking about.

[mamacat]

Is Faux interested in getting it right, or in getting the ratings?

[gmlaster]

I think you've answered your own question.

[totalliberal]

I noticed all the snickering, snorts and guffaws by the Fox children in the background while he was talking.

[shoopnyc]

AMAZING.

[Maschine]

This guy is good. These are the types of people who should be hired by the government to run the people's interest. Sane, mature, cool and intelligent people.

[marijam]

Instead of Larry Kudlow, this guy should be featured.