Peter Schiff gets a little more blunt in this video. He states “the government is manufacturing these numbers”.
Peter Schiff is asked point blank on how far the Dow will drop. Peter hesitates, but then explains that it also depends on what the dollar will be worth. His answer for me makes [...]
Archive for December, 2008
Markets Total Collapse Peter Schiff on FoxBusiness
Posted in Finance, tagged Gary Smith, gold, Peter Schiff on December 31, 2008 | 2 Comments »
A Toast To Darwin
Posted in Critical Thinking, History, Science, tagged Charles Darwin, creation myth, Desmond Morris, evolution, intelligent design, natural selection, Richard Dawkins on December 31, 2008 | Leave a Comment »
British anthropologist Desmond Morris recently paid an essay tribute to Charles Darwin, who coined the theory of evolution by natural selection. An excerpt from his essay on the DailyMail which I recommend you read for greater appreciation of Darwin:
What kind of a man was Charles Darwin? To the naive mind he is sometimes pictured as [...]
Comfort vs. Truth
Posted in Critical Thinking, Philosophy, Religion, tagged death, heaven, Hell on December 30, 2008 | Leave a Comment »
Found a great reflection by orDover on reconciling the idea of death and what happens after death (e.g. heaven, hell, life after death) from a religious and atheistic perspective.
An excerpt from his post:
Heaven is a romantic fantasy indeed. But I have to wonder, why does Wolstenholme stop there? Wouldn’t it be equally as comforting to [...]
Mortgage Reform?
Posted in Critical Thinking, Finance, Philosophy, tagged bailout, capitalism, mortgage, Peter Schiff, Yaron Brook on December 29, 2008 | 1 Comment »
In this clip, Yaron Brook of the Ayn Rand Institute and Peter Schiff of Euro Pacific Capital explain why the new mortgage reform bill wil hurt housing market and economy. The discussion hints at restrictive regulations in the wake of irresponsible actions of the U.S. government.
Government intervention is contrary to the principles of free market [...]
Liberate The Economy, Not Stimulate
Posted in Critical Thinking, Finance, Philosophy, Politics, tagged Ayn Rand, bailout, capitalism, financial crisis, intervention, laissez-faire, objectivism, Yaron Brook on December 29, 2008 | Leave a Comment »
The Ayn Rand Institute is an organization which provides material on the author Ayn Rand’s works and philosophy: Objectivism. Dr. Yaron Brook is part of the Ayn Rand Institute and along with his Objectivitst colleagues, a vocal critic of the U.S. government’s actions to date in response to the economic crisis.
Dr. Yaron [...]
Jim Rogers on Solution to Crisis
Posted in Finance, tagged Jim Rogers on December 28, 2008 | Leave a Comment »
According to Jim Rogers in this video, the Japanese had a similar bailout scenario 18 years ago. The Japanese government refused to let Japanese businesses fail and Alan Greenspan had advised them to let the businesses fail. Why aren’t the Americans following Greenspan’s advice now?
Betty then asks if there is [...]
Jim Rogers: ‘Getting out of U.S. dollars’ (12.15.08)
Posted in Finance, tagged dollar, Jim Rogers on December 20, 2008 | 2 Comments »
Is it really time to get out of the U.S. dollar?
Peter Schiff: The Dollar is Now Dropping Like a Stone
Posted in Finance, tagged dollar, inflation, Peter Schiff on December 20, 2008 | 2 Comments »
Remember the guy who was right on the housing bubble? The guy who predicted this crisis as far as two years ago. Until recently he was basically correct on just about everything except two things. He claimed gold would rise and the dollar will crash. Both had not happened until now.
Here [...]











