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03-17-2009, 05:02 PM | #1 |
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PETER SCHIFF'S "Why the Meltdown Should Have Surprised No One" 3/17/2009
Peter Schiff at Austrian Scholars Conference
Posted by minnesotachris on 03/17/09 Campaign for Liberty Peter Schiff's fantastic speech at the Mises Institute's 2009 Austrian Scholars Conference entitled, "Why the Meltdown Should Have Surprised No One": Informative and entertaining, including lots of chuckles. Video (1:16:26): http://www.campaignforliberty.com/bl...cpg=1#comments OPTION: http://blog.mises.org/archives/009620.asp If you want to download the whole thing in higher quality, you may do so here: DOWNLOAD http://mises.org/multimedia/video/AS...C09_Schiff.wmv Last edited by peaceandlove; 03-17-2009 at 05:16 PM. |
03-17-2009, 05:17 PM | #2 |
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Re: PETER SCHIFF'S "Why the Meltdown Should Have Surprised No One" 3/17/2009
Ha if everybody would've listened to him there would'nt have been any surprises!
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03-18-2009, 01:02 AM | #3 |
In The Mists
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Location: Toronto
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Re: PETER SCHIFF'S "Why the Meltdown Should Have Surprised No One" 3/17/2009
Peter's brilliant. It's so nice to hear someone who really understands what's what.
Thanks for the link. |
03-18-2009, 08:09 PM | #4 |
Banned
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Re: PETER SCHIFF'S "Why the Meltdown Should Have Surprised No One" 3/17/2009
I watched it last night. This is brilliant stuff and very entertaining.
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03-18-2009, 08:42 PM | #5 |
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Re: PETER SCHIFF'S "Why the Meltdown Should Have Surprised No One" 3/17/2009
Some things do not change Invasion of the corporate body snatchers In this cartoon, Herb Block anticipated the super-giant, super-mergers that came later. In the 1980s, the deregulation of banking in the United States allowed financiers to use unprecedented and risky tactics. Financial innovations such as junk bonds encouraged corporate mergers, leveraged buyouts, and hostile takeovers at a phenomenal rate. By April 1985, the failure of many savings and loan institutions cost U.S. taxpayers hundreds of billions of dollars. It was described by former Attorney General Dick Thornburgh as the biggest white collar scandal in history. Herb Block says, "It was swept under a very large rug." Invasion of the corporate body snatchers, April 21, 1985 |
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