GOP may OK tax increase that Obama hopes to block

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/

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.

When will the debt clock BEGIN to go backwards?

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

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.

Quote:

---

Originally Posted by Havakasha

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

Quote:

---

Originally Posted by Havakasha

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.......

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........

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.

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.

You think Schiff is a doomsday guy? Try this guy

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

Schiff is a well known doomsday guy. Look at his record. I have produced the facts. You continue to resist acknowledging them.

I am somewhat taken aback by your unwillingness to say he has been very wrong in many of his predictions.

Quote:

---

Originally Posted by Havakasha

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.

---

Schiff has an excellent resume. You don't like him because he's a republican and because he has a different belief system than you. Remember what some say about liberals and tolerance..........

Would you post a Krugman video from 2006 or 2007 where he overtly calls the bubble (and gets ridiculed for it).

I love it how you say "he was" in August 2011. That's dumb of you. Did you listen to the video? In 2006 he called timing "immaterial".

**** his resume. He is WRONG in his predicitons and thats why you cant address them.
You like him because he follows the Austrian school of economics you believe in.

OH MY FUCXING LORD. Siriusly long is now backing Schiff by saying that "timing is immaterial". Therefore if interest rates rise to 6% in 2020 he will claim that he was correct in his prediction.

Get out of here bozo. Thats beyond stupid.

You are not seriously saying that his 2011 predictions (one of which is past wrong) are going to be
proven right are you? Go ahead and say it. I dare you.

Quote:

---

Originally Posted by Havakasha

He is wrong in his predicitons. You like him because he follows the Austrian school of economics you believe in.

OH MY FUCXING LORD. Siriusly long is now backing Schiff by saying that "timing is immaterial". Therefore if interest
rates rise to 6% in 2020 he will claim that he was correct in his prediction.

Get out of here bozo. Thats beyond stupid.

---

OH MY ****NG LORD, Schiff said it when Laffer was laughing at him regarding him calling the bubble. Jesus H Christ are you thick - by intention I'm sure.

Call a spade a spade idiot. He called the housing bubble way in advance and was 100% correct. Now he is calling for the collapse of the dollar which CAN happen if no one does anything about it.

Christ are you being stupid today.

Do you believe that the dollar will never collapse?

Do you read? i said he was right about the housing bubble AS WERE MANY OTHERS
INCLUDING KRUGMAN and ROUBINI.
Get off your high horse because he was right on a couple of things, he has been
wrong on MANY MORE PREDICTIONS
Laffer is a right wing Tea Party economist saying many of the same things
about the economy as Schiff. Be careful what you say about his oppostion to Laffer.
It was on one particular matter.


Sure the dollar collapse CAN happen. Lol.
Can you provide his defintion of collapse and tell me when he predicts it will happen.
Oh i know "timing is immaterial". 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.

Hava-gafa-kasha is getting all "uppity" and "angry".

Quote:

---

Originally Posted by Havakasha

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.

---

That's effective and constructive LMFAO.

I love it when you go into "paste mode".

Its particularly effective when YOU wont admit he got it wrong. It will follow you forever. LMFAO.

Who runs the Washinton Times? I am waiting.

I aint angry. Im enjoying you trying to squirm out of admitting that Schiff is wrong on many of his predictions.
I think you are misreading my posting style.


Can you answer this following item?
Sure the dollar collapse CAN happen. Lol.
Can you provide his defintion of collapse and tell me when he predicts it will happen.
Oh i know "timing is immaterial". 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.

Quote:

---

Originally Posted by Havakasha

Its particularly effective when YOU wont admit he got it wrong. It will follow you forever. LMFAO.

Who runs the Washinton Times? I am waiting.

I aint angry. Im enjoying you trying to squirm out of admitting that Schiff is wrong on many of his predictions.
I think you are misreading my posting style.


Can you answer this following item?
Sure the dollar collapse CAN happen. Lol.
Can you provide his defintion of collapse and tell me when he predicts it will happen.
Oh i know "timing is immaterial". 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.

---

Squirm? I think you are overdoing the Lexpro Lloyd.

So Schiff "got it all wrong". Hmmmm, I wonder if you are the same dude I've been "chatting" with for the last hour??

I think history has proven, in writing and in video, that Schiff as been estonishingly right.

As for his latest predictions, it's totally ignorant to say they are wrong as the dollar CAN very well collapse. Can you admit that? Yes, you can, but you won't. Why?

I would appreciate an answer to my question about Peter Schiffs predicitions on the dollar. Take your time.
Still waiting on your response as well to who owns and runs the Washington Times.

Thanks. Have a good day.