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PrivateAckbar (November 30, 1999 at 12:00 am)
This is why Michael Moore is fat. If the world had the right attitude to socialist consumption hello skinny idiot.
PrivateAckbar (November 30, 1999 at 12:00 am)
By the end of my lifetime I hope there's a healthy mix of "made in America" and "made in China".
TheSteve4200 (November 30, 1999 at 12:00 am)
@MLP88..... So your basically agreeing with me. You just have a Left wing slant on the issue. I try to just take it for what it was -A bubble. That inflated over time and many administrations, and blew up under poor old HWB. Easy to predict -Keynesian economics. Now Obamas roll is to be the one to right the wrongs. But there's a new saga about to unfold.
MLP88 (November 30, 1999 at 12:00 am)
When Bush made the '08 call to halt short-selling, it was because the jig was up. And the largest hedge funds were "shorting" the entire financial collapse ---- fuck the American economy, was their attitude. Bush, the only U.S. President with an MBA, saw the travesty of the Free Market doing its thing and said, "I'll tell you what happened, Wall Street got drunk. That's what happened." But it didn't stop him from grandstanding increased homeownership in his last 5 State Of The Union addresses.
MLP88 (November 30, 1999 at 12:00 am)
@TheSteve4200 Again...My reply was specifically directed to your saying that... "they (government) forced bankers into a lot of destructive policies."
This time you said, "The government completely merged with the banks and big corporations. I mean, Were have you been the last decade??"
I agree with you. And... "merged" is not "forced". I subscribed to the WSJ the last 10 years. I despise Chris Dodd for getting a sweetheart loan from Anthony Mozilla. That conflict of interest was despicable.
TheSteve4200 (November 30, 1999 at 12:00 am)
@MLP88..... LOL!!!!!! The government completely merged with the banks and big corporations. I mean, Were have you been the last decade?? The collapse was because of sub prime. Read Dodd/Frank. Learn about the lobbyist.
Your other posts are kinda funny. -So what, people lost investing with Schiff and his firm. Its called taking risk...
Waite and See what happens to the dollar over the next year or so..We don't know whats about to go down.
MLP88 (November 30, 1999 at 12:00 am)
Despite predictions regarding the housing bubble and automotive industry difficulties coming to fruition, as early as 2009 Schiff was receiving criticism due to the performance of some of his client's accounts in 2008, as well as controversies over the predictions themselves. In January 2009, economic blogger and investment adviser Michael Shedlock reported,
MLP88 (November 30, 1999 at 12:00 am)
"I have talked with many who claim they have invested with Schiff and are down anywhere from 40% to 70% in 2008."[53]
Other criticisms followed, including the aforementioned Eric Tyson post[41] as well as an article for the investment news site Seeking Alpha, published on the site two days after Shedlock's blog post.[54]
MLP88 (November 30, 1999 at 12:00 am)
Later that week an article appeared in the Wall Street Journal reporting that Schiff's broker-dealer firm, Euro Pacific Capital Inc., "advised its clients to bet that the dollar would weaken significantly and that foreign stocks would outpace their U.S. peers" and that instead, the dollar advanced against most currencies, "magnifying the losses from foreign stocks Mr. Schiff steered his investors into."[55] |
