Schiff vs. Leeb right now on CNN 10/4/08

[Cowlesy]

They make a great point.

What happens when farmers can't get credit to grow crops?

They're coming back after the break.

[Sandra]

They make a great point.

What happens when farmers can't get credit to grow crops?

They're coming back after the break.

My family had a farm for 85 years. Not once did we need to use credit for anything.

[SeanEdwards]

Schiff is killing me. This is hilarious.

[Archie]

just got the end when pete was talking about lots of inflation. I wonder if he will do any long segments today on CNN

[Zydeco]

Leeb is just part of the corrupt system.

Plus he comes off as a shrill weasel. Our movement couldn't choose a better opponent for Peter.

[Ninja Homer]

I caught a few minutes of it. How long was the whole segment?

Is the forum clock off? My computer clock says 12:21, but my post shows a time of 12:06...

[SeanEdwards]

Leeb: "Bernanke spent his entire life studying the great depression!"

Schiff: "He clearly wasted his time."

LOL

[phixion]

Toob!

[werdd]

tube it

[Cowlesy]

I have no idea how to 'tube this stuff, sorry.

[Cowlesy]

Leeb: "Bernanke spent his entire life studying the great depression!"

Schiff: "He clearly wasted his time."

LOL

That was a great one. Then Stephen Leeb keeps trying to say that Schiff is for total government control --- kind of funny since Schiff is a Libertarian.

[RSLudlum]

That was a great one. Then Stephen Leeb keeps trying to say that Schiff is for total government control ---

:eek: damn, Leeb doesn't have a clue does he???

[Ninja Homer]

They make a great point.

What happens when farmers can't get credit to grow crops?

They're coming back after the break.

That is a pretty good question, but I really can't believe it's even an issue. Do all the farms really take out a loan every year so they can grow crops?

We obviously need the crops, so if no farmers had money to grow them, something would have to be done. I'd much prefer to see co-ops and farm-shares over a farm bailout though.

[Cowlesy]

That is a pretty good question, but I really can't believe it's even an issue. Do all the farms really take out a loan every year so they can grow crops?

We obviously need the crops, so if no farmers had money to grow them, something would have to be done. I'd much prefer to see co-ops and farm-shares over a farm bailout though.

Well you have to split out mom and pop establishments that grow probably under $2 million worth of crops a year, from massive industrial farms who probably have borrowed heavily to fuel expansion, and from which the majority of crops are harvested.

Those are the ones that the world needs to potentially fear having issues.

At the same time, I am sure the gov't would nationalize them in a second if they started screaming.

Gov't farms anyone?

[surf]

crop prices were high this year (and my tenant paid ridiculously low rent) so i think Cowelsy hit the nail on the head.

youtube?

[nbruno322]

Youtube plzzzz!

[Cowlesy]

Did you just see this on CNN???

Jon Voight is on right now being interviewed, and behind them there was an Obama supporter (it's a McCain rally) holding a sign, and someone ripped it out of their hands and a sea of people in red shirts/red hats with a single star on them got behind the shot.

WTF! Droids! All of them!

[Highland]

obama is in Asheville, NC....he will be at the High School tomorrow...I was thinking of going.

[Highland]

I don't know though.

[cska80]

http://www.youtube.com/watch?v=UCBS9tnIx6Y

Is this it?

[RSLudlum]

http://www.youtube.com/watch?v=UCBS9tnIx6Y

Is this it?

nah, that's last week.

[Vote Waterman 2028]

That was a great one. Then Stephen Leeb keeps trying to say that Schiff is for total government control --- kind of funny since Schiff is a Libertarian.

he didnt say Schiff was for total government, but that if we do what schiff suggests, that we would have total government control. he made a well thought out argument (although i disagree), but it made me realize that either way, it seems that there will be total gov. control of the economy. One way we have currency that has value, the other we have no currency.

[RJB]

bump for youtube:D

[werdd]

Tube

[RSLudlum]

What CNN show did they appear on??

[frasu]

bump for youtube or cnn link

[Malakai]

tube it tube it tube it

[BeFranklin]

Leeb: "Bernanke spent his entire life studying the great depression!"

Schiff: "He clearly wasted his time."

LOL

Lol

[RSLudlum]

If it was on CNN's "Your Money" it will be re-airing at 6pm EST.

[The Good Doctor]

OMFG! That is great. Even sig worthy!


Leeb: "Bernanke spent his entire life studying the great depression!"

Schiff: "He clearly wasted his time."

LOL

[RJB]

If it was on CNN's "Your Money" it will be re-airing at 6pm EST.

Thanks, I'll catch that for sure.

[The Good Doctor]

Well if it is a local bank, that might be a whole different story. But that is great for you. Like Laura Ingalls used to say on the show. "Pa always said cash on the barrel!"


My family had a farm for 85 years. Not once did we need to use credit for anything.

[The Good Doctor]

Ah, hadn't thought about that!


Well you have to split out mom and pop establishments that grow probably under $2 million worth of crops a year, from massive industrial farms who probably have borrowed heavily to fuel expansion, and from which the majority of crops are harvested.

Those are the ones that the world needs to potentially fear having issues.

At the same time, I am sure the gov't would nationalize them in a second if they started screaming.

Gov't farms anyone?

[blocks]

Leeb: "Bernanke spent his entire life studying the great depression!"

Schiff: "He clearly wasted his time."

LOL

BAHAHA!

I gotta see this

[jmlfod87]

it's not that great, Leeb is talking over Schiff the whole time.

[RJB]

it's not that great, Leeb is talking over Schiff the whole time.

That's what it seems like they always do to our movement. Since they can't refute it intellectually they get some shrill noise (in this case Leeb) to hold our ears and shout "NA NA NA NA NA NA" over the voice of reason.

[nbruno322]

Here is part 2, part 1 is still uploading apparently

http://www.youtube.com/watch?v=eMN5POiY0Ec


It would be a good idea to subscribe to this users youtube channel. He diligently posts every Peter Schiff video ASAP.

[nbruno322]

http://www.youtube.com/watch?v=w2MYr1GcszY

Part 1,

[nbruno322]

bumped!

[werdd]

Peter wins with a cool head, as usual

[nbruno322]

Leed is such a weasel. How could you give that man any amount of money to manage, let alone your life savings???

[LibertyEagle]

Leeb is a dweeb.

[RSLudlum]

Just watched it on CNN... Leeb is a crazy ass gnome!!! :D Jumping up n down, stamping his foot "Let Me Finish!!!"...LMFAO! Even as the segment ended and they went to commercial a short shot showed Schiff holding his hand out palm up looking at Leeb with a "WTF??" expression! :)

I still don't get Leeb's arguement that if we don't reliquish a little bit of control, we'll get more. Does he really believe that the government's power-grabbing fervor will quell after this bailout??

[newbitech]

Just watched it on CNN... Leeb is a crazy ass gnome!!! :D Jumping up n down, stamping his foot "Let Me Finish!!!"...LMFAO! Even as the segment ended and they went to commercial a short shot showed Schiff holding his hand out palm up looking at Leeb with a "WTF??" expression! :)

I still don't get Leeb's arguement that if we don't reliquish a little bit of control, we'll get more. Does he really believe that the government's power-grabbing fervor will quell after this bailout??

ever seen the movie starship troopers? Leeb is the scientist/politician who finds it totally unbelievable that a "Brain Bug" could possible exist. Yet it did, and they caught it.

[Conza88]

GOD fken damnit...

If he says ["I agree with you... BUT"] one more time.... I'll hit him in the fcken face.

[Alawn]

This other guy is a complete ahole. I can't stand him. He starts screaming and wont allow Peter to say anything then gets upset if Peter wants to say anything while he is talking. He is literally going crazy. I would smack him if I was on tv with him. This makes me so mad! I could deal with the other guy being wrong if he let Patter talk.

[Penners]

leeb: "bernanke spent his entire life studying the great depression!"

schiff: "he clearly wasted his time."

lol

+100

[Mitt Romneys sideburns]

That was the greatest quote of all time.

[max]

does leeb actually think that once government gets this massive amopunt of economic power that it will simply give it back after the crisis "is resolved"....???

[maqsur]

Nice sequence... funny to hear that Lieb guy shouting "let me finish" even though he kept interrupting Peter.

I loved watching Lieb going into conniptions, I thought he might have a seizure!

Peter FTW

[Malakai]

Just from descriptions of the guy, I think I recognize him from one a week or 2 ago. Little guy that looks like a troll right?

[JRuc33]

Bernanke knows more about the Depression than any you ever will. Mabye you should read his papers before jumping to conclusions. I've read them all, and Rothbard's America's Great Depression. They both have flaws; they both make good points.

[roho76]

Bernanke knows more about the Depression than any you ever will. Mabye you should read his papers before jumping to conclusions. I've read them all, and Rothbard's America's Great Depression. They both have flaws; they both make good points.

Ya I would have to argue against Petter Schiff too on this one. I believe he knows a lot about the Depression. Maybe a little to much I'd say. I mean who better to get us there if not the one who studied it his whole life. Smells of shit.

[The_Orlonater]

Bernanke knows more about the Depression than any you ever will. Mabye you should read his papers before jumping to conclusions. I've read them all, and Rothbard's America's Great Depression. They both have flaws; they both make good points.

Maybe, but he's only making it worse.

[Drknows]

http://www.youtube.com/watch?v=w2MYr1GcszY

Part 1,

Damn that leeb guy is one annoying mo*** fuc***.


Schiff was cracking a smile when leeb was crying let me finish. haha he probably was thinking wtf is this little rat smoking

[Carole]

Bernanke knows more about the Depression than any you ever will. Mabye you should read his papers before jumping to conclusions. I've read them all, and Rothbard's America's Great Depression. They both have flaws; they both make good points.
So why is he repeating the mistakes of those who "tried" to mange the depression?

What we are doing is what Hitler did.

I submit our leaders are purposely trying to destory the dollar and our economy in order to forward their globalist agenda. Here comes the NAU.

We have already sent $800 billion in Ameros to China. DUH! OUr $2.3 trillion dollar debt to them will be partially paid with them $800 billion Ameros for $400 billion dollars.

[kathy88]

Is it just me, or does LEEB remind you guys of Templeton the Rat in Charlotte's web?

[Barney]

Damn that leeb guy is one annoying mo*** fuc***.


Schiff was cracking a smile when leeb was crying let me finish. haha he probably was thinking wtf is this little rat smoking

He reminds me of that pompous squeeky voice character in the movie "the Princess Bride" who thinks so highly of his own intellect and then got himself killed when he got outsmarted.

[RSLudlum]

I think CNN likes this combo of Leeb vs. Schiff bc. Leeb is a complete psycho vs. Schiff the cool headed sane one. I kinda like the combo myself, quite entertaining, but I do hope the viewers are absorbing the knowledge Schifff is serving. ;)

[rp4prez]

Leeb is a jack ass rude and doesn't listen to anyone... he's a tard!

[RSLudlum]

this is the RPF description i'd give Leeb: :eek: :eek: :confused: :eek:


:p

[CUnknown]

The scariest part of that interview was when Leeb didn't even try to argue that the bailout would solve the problem: "There may have to be more of these coming"

More $700 billion bailouts.. :eek:

Um ...

Any bets on what our national debt will be by the end of next year? Do I hear $15 trillion? $20 trillion?

:eek::eek::eek::eek::eek:

Talk about the cure being worse than the disease...

[RSLudlum]

Um ...

Any bets on what our national debt will be by the end of next year? Do I hear $15 trillion? $20 trillion?

:eek::eek::eek::eek::eek:

Talk about the cure being worse than the disease...

Well...my personal debt will be only 1/2 of my mortage principle; that is if they don't try taking 80% of what I earn

eff em all, I'm doing right by my way, and they want more. :mad:

[Vote Waterman 2028]

Ya I would have to argue against Petter Schiff too on this one. I believe he knows a lot about the Depression. Maybe a little to much I'd say. I mean who better to get us there if not the one who studied it his whole life. Smells of shit.

Thats exactly what i was thinking...

[Drknows]

Bernanke knows more about the Depression than any you ever will. Mabye you should read his papers before jumping to conclusions. I've read them all, and Rothbard's America's Great Depression. They both have flaws; they both make good points.

Your argument is flawed.

that's like the necons saying John Mccain knows how to win wars because he was a POW. Or the libs saying Obama knows more about the economy because he kept his mouth shut.

Paulson and Bernanke are either lying or incompetent. For the past year they have been saying everything is fine then *BAM* all of sudden they need 700 billion. If helicopter Ben was so smart he would've seen this coming before he even took the job.

I think i will side with the guys that have been right all along.

[danberkeley]

They make a great point.

What happens when farmers can't get credit to grow crops?

They're coming back after the break.

Assuming the premis that farmers wont be able to operate without credit, farmers wont be able to maintain their level of production. Long story short, there will be less food in the world while demand continues to grow, therefore, prices will rise.


Bernanke knows more about the Depression than any you ever will. Mabye you should read his papers before jumping to conclusions. I've read them all, and Rothbard's America's Great Depression. They both have flaws; they both make good points.

So is that why Bernanke has been telling congress, for the past year, that the economy was doing fine? :D

[smartguy911]

part 1 - http://www.youtube.com/watch?v=w2MYr1GcszY

part 2 - http://www.youtube.com/watch?v=eMN5POiY0Ec&feature=related

[sirachman]

part 1 - http://www.youtube.com/watch?v=w2myr1gcszy

part 2 - http://www.youtube.com/watch?v=emn5poiy0ec&feature=related

thanks!!!! :d

[ClayTrainor]

part 1 - http://www.youtube.com/watch?v=w2MYr1GcszY

part 2 - http://www.youtube.com/watch?v=eMN5POiY0Ec&feature=related

Awesome, Peter drilled Leeb again...

notice how many times leeb said "I agree with you peter".

[jonathans]

That guy Leeb is SO F-ing annoying. If that was on TV I would want to change the channel.
[headache]
I still hear his voice in my head now. sp-sp-sputtering...b-b-b-but Peeeterr!
Did you catch when after listening to Schiff for 10 seconds maybe he said something like,
"after hearing that sequence of statements, Peter's aurgument appeals to me a little bit more, but not enough. I still fervently disagree..."

If his OPINION can be swayed by a few of Schiff's statements in mere seconds, seems to me the are HOLES ALL IN HIS ARMOR. And he has the gall to monopolize the debate like that?
Listen again to the amount of time that he is actually making noises (sputtering, stuttering, grunting, talking, yapping). There were very FEW times that he was actually silent! Ass.

Did anyone else notice that Peter's mic was mixed lower. Leeb's sounded like the mic was on his throat. Schiff's sounded like his mic was ACROSS THE ROOM!! Obvious!