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  1. SiriuslyLong is offline
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    08-25-2011, 09:17 AM #21
    The recent decline was needed to restore prices to their appropriate levels, yet the government has treated the drop as the problem rather than the cure, setting up the housing market for a potentially even more dramatic fall.

    This book fulfills its goal of being accessible to lay readers and teaching Americans everything they need to know about our country’s bleak economic situation. True economic renewal and the return to free-market principles will be hard work and require swallowing painful pills, but we must resist the temptation to alleviate our problems temporarily at the expense of future prosperity.

    http://www.washingtontimes.com/news/...nomic-clutter/

  2. Havakasha is offline
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    08-25-2011, 09:47 AM #22
    Housing market was a bubble waiting to pop. Hard to say exactly when it will bottom. Probably not much any administration could have done about it.

    Who runs the Washington Times? LMFAO

    Schiff is a doomsday hype maestro
    Schiff predicted hyperinflation for 2011
    Schiff predicted a catastrophic stock market collapse in Jan. 2011.
    Schiff predicted interest rates on 10 year bonds would rise to 6% in 2011
    Schiff has predicted that gold will rise to $12,000 and or the Dow will fall to 1,400
    within 3 years.

    Siriusly Wrong has called his last prediction "BOLD". Oh boy.

    The point is it has been well documented that Schiff has made many wrong predictions over
    many years. Its a shame Siriusly Wrong wants to double down on supporting this man.
    Last edited by Havakasha; 08-25-2011 at 09:52 AM.

  3. SiriuslyLong is offline
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    08-25-2011, 09:51 AM #23
    When will the debt clock BEGIN to go backwards?

    What is the consequence if it continues to increase in perpetuity?

  4. Havakasha is offline
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    08-25-2011, 09:55 AM #24
    Depends partly on Republican House of Representatives. They had a 4 trillion debt deal on the table that got very close to being
    passed. Unfortunately Boehner pulled back from agreemnet when the Tea Party members put pressure on him.

    Economic growth would do the most to bring our debt down. Its clearly going to be a long hard slog.

  5. SiriuslyLong is offline
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    08-25-2011, 09:56 AM #25
    Quote Originally Posted by Havakasha View Post
    Housing market was a bubble waiting to pop. Hard to say exactly when it will bottom. Probably not much any administration could have done about it.

    Who runs the Washington Times? LMFAO

    Schiff is a doomsday hype maestro
    Schiff predicted hyperinflation for 2011
    Schiff predicted a catastrophic stock market collapse in Jan. 2011.
    Schiff predicted interest rates on 10 year bonds would rise to 6% in 2011
    Schiff has predicted that gold will rise to $12,000 and or the Dow will fall to 1,400
    within 3 years.

    Siriusly Wrong has called his last prediction "BOLD". oh boy.

    The point is it has been well documented that Schiff has made many wrong predictions over
    many years. Its a shame Siriusly Wrong wants to double down on supporting this man.
    Wow, that was a hell of an edit. I'll catch it this time.

    You evidently didn't read what was posted. Do you understand HYPERBOLE? No, didn't think so lol.

    Schiff correctly called the housing bubble YEARS before it happened. It's in writing. It's captured in video.

    http://www.youtube.com/watch?v=2I0QN-FYkpw

  6. SiriuslyLong is offline
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    08-25-2011, 09:57 AM #26
    Quote Originally Posted by Havakasha View Post
    Depends partly on Republican House of Representatives. They had a 4 trillion debt deal on the table that got very close to being
    passed. Unfortunately Boehner pulled back from agreemnet when the Tea Party members put pressure on him.

    Economic growth would do the most to bring our debt down. Its clearly going to be a long hard slog.
    Listen to Schiff's video lol - long hard slog..... you agree with Schiff!!! Listen, it's only a few seconds in.......

  7. SiriuslyLong is offline
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    08-25-2011, 10:03 AM #27
    Listen to Ben Stein say the sub prime issue was "tiny".

    Oh Christ is this funny. Stein telling Schiff he is wrong. LMFAO.

    Look at all these folks just laughing at Schiff.............. Oh Christ, this is beyond funny.

    Keep laughing Lloyd - you may end up like Laffer and Stein........
    Last edited by SiriuslyLong; 08-25-2011 at 10:06 AM.

  8. Havakasha is offline
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    08-25-2011, 10:05 AM #28
    Yes Schiff has been right on a couple of things, but as his critics have pointed out he predicts many of the same things year after year until a few become true.

    You act like he was the only one to predict a housing collapse. There were many.
    Its a fact that many progressives including Krugman and Roubini were talking about a housing bubble and predicting a housing collapse. They opposed Greenspan's support of the housing market to the extent that it became a bubble (as did the stock market)

    Why is it that you cant bring yourself to face the following mistakes Schiff has made? You look silly.

    Facts are facts S&L and you are ignoring the facts once again.

    Schiff is a doomsday hype maestro
    Schiff predicted hyperinflation for 2011
    Schiff predicted a catastrophic stock market collapse in Jan. 2011.
    Schiff predicted interest rates on 10 year bonds would rise to 6% in 2011
    Schiff has predicted that gold will rise to $12,000 and or the Dow will fall to 1,400
    within 3 years.

    Siriusly Wrong has called his last prediction "BOLD". Oh boy.

    The point is it has been well documented that Schiff has made many wrong predictions over
    many years. Its a shame Siriusly Wrong wants to double down on supporting this man.


    Ben Stein is a Republican. Look at his posts over the years.
    Last edited by Havakasha; 08-25-2011 at 10:18 AM.

  9. Havakasha is offline
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    08-25-2011, 10:09 AM #29
    Siriusly Wrong and Angry is now tripling down on Schiff despite these 2011 mistaken predictions. Sad.
    You are in too deep with your belief in him. i hope you dont continue to get burned.

    I will continue to post his predictions until you admit how badly mistaken he was.

    Schiff is a doomsday hype maestro
    Schiff predicted hyperinflation for 2011
    Schiff predicted a catastrophic stock market collapse in Jan. 2011.
    Schiff predicted interest rates on 10 year bonds would rise to 6% in 2011
    Schiff has predicted that gold will rise to $12,000 and or the Dow will fall to 1,400
    within 3 years.

    Siriusly Wrong has called his last prediction "BOLD". oh boy.


    P.S. Didnt you once say something like, all politicians was crooks? Schiff ran for Senate recently. Lol.

  10. SiriuslyLong is offline
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    08-25-2011, 10:17 AM #30
    You think Schiff is a doomsday guy? Try this guy

    http://www.youtube.com/watch?v=BFuM5...eature=related

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