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  1. Havakasha is offline
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    09-20-2011, 02:19 PM #21
    Siriusly Coping out.

    "you wont consider anything skeptical about climate change" You really dont get it do you? When you look at the science objectively you would agree with me. When 98% of Climate Scientists say something based on years of science its not dogma to believe that what they say is likely to be true. The evidence is fairly overwhelming.

    Yes Krugman did get it right thought you kind of left out that you dared me to find something he said.
    I dont have a problem (uh yet once again) saying that Schiff was right in some of his predicitons about the housing crisis and the
    recessions. The thing you dont get it is that as you look at the totality of his predictions over many years you see that he was very wrong on many more occasions then he was correct. If you arent willing to look at the facts of his predictions and just look at one or two predictions of his then of course YOU might think he was clairvoytant.

    And hence why you are UNWILLING TO ACKNOWLEDGE ALL THE TIMES HE GOT ECONOMIC PREDICTIONS WRONG. What a shame
    YOU are so dogmatic and stuck in this matter.


    P.S. i have no problem reading what you write and links you provide. I will read the link to the liberal becoming a tea partier. But what i dont understand is why you continue to avoid answering
    basic questions about issues that i have REPEATEDLY POSED TO YOU. I can ONLY conclude that
    you have some fear about acknowledging and addressing them. Weird.


    "a battle between free eneterprise and big government." That is true out on the fringes.
    Not true for how i see the world, but you are too blind somehow to see it.
    Obviously we NEED effective govt and effective free enterprise. YOU seem to present a picture
    of govt being ALL evil and ALL ineffective. Simply extreme.
    Last edited by Havakasha; 09-20-2011 at 02:25 PM.

  2. SiriuslyLong is offline
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    Joined: Jan 2009 Location: Ann Arbor, MI Posts: 3,560
    09-20-2011, 02:48 PM #22
    Quote Originally Posted by Havakasha View Post
    Siriusly Coping out.

    "you wont consider anything skeptical about climate change" You really dont get it do you? When you look at the science objectively you would agree with me. When 98% of Climate Scientists say something based on years of science its not dogma to believe that what they say is likely to be true. The evidence is fairly overwhelming.

    Yes Krugman did get it right thought you kind of left out that you dared me to find something he said.
    I dont have a problem (uh yet once again) saying that Schiff was right in some of his predicitons about the housing crisis and the
    recessions. The thing you dont get it is that as you look at the totality of his predictions over many years you see that he was very wrong on many more occasions then he was correct. If you arent willing to look at the facts of his predictions and just look at one or two predictions of his then of course YOU might think he was clairvoytant.

    And hence why you are UNWILLING TO ACKNOWLEDGE ALL THE TIMES HE GOT ECONOMIC PREDICTIONS WRONG. What a shame
    YOU are so dogmatic and stuck in this matter.


    P.S. i have no problem reading what you write and links you provide. I will read the link to the liberal becoming a tea partier. But what i dont understand is why you continue to avoid answering
    basic questions about issues that i have REPEATEDLY POSED TO YOU. I can ONLY conclude that
    you have some fear about acknowledging and addressing them. Weird.


    "a battle between free eneterprise and big government." That is true out on the fringes.
    Not true for how i see the world, but you are too blind somehow to see it.
    Obviously we NEED effective govt and effective free enterprise. YOU seem to present a picture
    of govt being ALL evil and ALL ineffective. Simply extreme.
    Here is what I said about Schiff's "predictions" for 2011. Keep trying though. You may convince yourself your right.

    "Peter Schiff's "predictions" of hyperinflation, a tanking dollar and the dow at 5000 have not come true - yet, and I hope they don't. You have "proved" nothing. The point of bring attention to these possibilities is that they can be addressed, adn these outcomes are undeniably possible"

    You are on the extreme left of the political spectrum. That would put you on the very left end of the standard normal curve. You are extreme and intolerant of any positions outside your core beliefs because you are so far on the left. Yet for some reason, you call me extreme just like when I posted about CA and the bridge. I suppose the best defensive is a good offense. Open with "extreme" and go from there. You call me extreme in one post then say "we are not that far off" in another. WTF?

    You missed the Brooks reference. Here's a refresher: http://en.wikipedia.org/wiki/Arthur_C._Brooks

    Again, on climate change, have at it with those who equal your zeal. Climate change is on your agenda. It is one of your ten commandments. Not mine. I defer to those who are interested and knowledgable. Why do you continue to try to engage me even when I tell you I am not interested? Isn't that the behaviour of an individual on a religous "mission"? You know, like the Morman's? "Why settle for death do us part when you can have from here to eternity". I was very polite to the young man.

    And why do you continually copy me? I use the word dogma, and bam, now I'm dogmatic about something (I'm not).

  3. Havakasha is offline
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    09-20-2011, 03:00 PM #23
    Nope i aint on the exteme left. But you for sure are on the extreme right. Peter schiff supported tthe U.S. defaulting on our debt. As did Ron Paul by the way. VERY EXTREME.

    I think we can still bridge our differences. Lol. All you have to say and believe is that Govt has a purpose, and that its important for our country and our economy. Can you say it?

    Remember i was for the compromise that Obama and Boehner
    almost came to agreement on. You do know what the exteme left thought of that dont you. You really ought to do your research before you say silly things.
    Most people on the extreme left think Obama is almost a Republican. Not me.
    So you see, with those few examples i show that you are once again a liar and devoid of facts.


    I was talking about ALL of his predictions which i posted not just 2011. But dont worry in 3 months
    I will have more to add to the list of wrong predictions he made. He is nothing but consistent.

    Siriusly coping out. Would you like to make a wager that the U.S. will have HYPER inflation in 2011. Or hat interest rates will rise to 6% on 10 year notes in 2011, That the stock market catastrophically crashed in Jan. 2011 etc. I expect not. But keep up the brave face for the next 3 months.

    Here is another of Schiffs brilliant predictions.

    hiff:Economic Disaster in 2011
    Austrian School economist predicts economic doomsday scenarios for 2011.
    Anyone here believe what he has to say about interests rates going through the
    roof?

    He comes in around 5:55.
    http://www.youtube.com/watch?v=Z9V5RuLlXtw


    Peter Schiff Says U.S. is Powerless to Prevent Runaway Inflation, Silver to Soar to $100
    Commodities / Gold and Silver 2010
    Sep 12, 2010 - 01:23 AM


    Peter Schiff forecasts that Silver could reach $100 following a collapse of the U.S. Dollar as he says “The United States right now is completely powerless to prevent runaway inflation”, as the U.S. continues with policies of more economic stimulus and bigger deficits.
    Last edited by Havakasha; 09-20-2011 at 04:10 PM.

  4. SiriuslyLong is offline
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    Joined: Jan 2009 Location: Ann Arbor, MI Posts: 3,560
    09-20-2011, 03:13 PM #24
    Quote Originally Posted by Havakasha View Post
    Siriusly coping out. If you think the U.S. will have HYPER inflation in 2011. That interest rates will rise to 6% on 10 year notes in 2011, That the stock market catastrophically crashed in Jan. 2011 etc. then you are delusiona.

    Here is another of Schiffs brilliant predictions.

    hiff:Economic Disaster in 2011
    Austrian School economist predicts economic doomsday scenarios for 2011.
    Anyone here believe what he has to say about interests rates going through the
    roof?

    He comes in around 5:55.
    http://www.youtube.com/watch?v=Z9V5RuLlXtw


    Peter Schiff Says U.S. is Powerless to Prevent Runaway Inflation, Silver to Soar to $100
    Commodities / Gold and Silver 2010
    Sep 12, 2010 - 01:23 AM


    Peter Schiff forecasts that Silver could reach $100 following a collapse of the U.S. Dollar as he says “The United States right now is completely powerless to prevent runaway inflation”, as the U.S. continues with policies of more economic stimulus and bigger deficits.
    I'm glad you posted that link. I hope that in the near or far future, this video isn't called "Peter Schiff was right part 2". Seems strikingly similar.

  5. Havakasha is offline
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    09-20-2011, 03:16 PM #25
    Your welcone. You are like an addict who cant get enough. lol.

    Yes, I know we have HYPERINFLATION in 2011 just like he predicted it in 2005 and 2006 and 2007 and 2007 and 2008 and 2009 and 2010 LOL.

    And interests rates went to 6% on 10 year notes in 2011 just like he predicted it.
    Last edited by Havakasha; 09-20-2011 at 03:32 PM.

  6. Havakasha is offline
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    09-20-2011, 03:26 PM #26
    Tell me Siriusly WRONG if Peter Schiff was right about any of these things. Thanks. You can duck and hide but the FACTS will follow you around. Spoooookkkkkyyyyyyyy. lol

    From Wikipedia:

    In a 2002 interview with Southland Today, Schiff predicted that the economic downturn triggered by the bursting of the stock market bubble would lead to a bear market likely to last "another 5 to 10 years."[35][36] In November 2002, US stocks began a bull market uptrend which held steady for at least five years,[37] until reversing course in 2008, when the Dow, NASDAQ, and S&P 500 began a decline to less than half of their peak 2008 values,[38] followed in 2009 by the Dow climbing 61% from its low point over the following year.[39] After interviewing Schiff in 2009, journalist and finance author Eric Tyson, referenced various Schiff predictions during the 2000s and stated that "On all of these counts, Schiff wasn't just wrong but ended up being hugely wrong.
    Last edited by Havakasha; 09-20-2011 at 03:32 PM.

  7. Havakasha is offline
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    09-20-2011, 03:27 PM #27
    Here is your favorite economist in living color: Really sorry to have to embarass you like this
    but if you wont acknowledge some of his past mistakes i will have to post them as a reminder.


    http://investingcaffeine.com/2009/09...as-no-clothes/

    12 Ways Schiff Was Wrong in 2008
    Wrong about hyperinflation
    Wrong about the dollar
    Wrong about commodities except for gold
    Wrong about foreign currencies except for the Yen
    Wrong about foreign equities
    Wrong in timing
    Wrong in risk management
    Wrong in buy and hold thesis
    Wrong on decoupling
    Wrong on China
    Wrong on US treasuries
    Wrong on interest rates, both foreign and domestic
    Last edited by Havakasha; 09-20-2011 at 03:56 PM.

  8. Havakasha is offline
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    09-20-2011, 03:30 PM #28
    No more stupid forecasts Mr. Schiff.

    No More Stupid Forecasts!
    By Michael Edesess
    July 5, 2011

    "Successes on the front page, failures in the back
    No one escapes unscathed from Gardner’s review. Peter Schiff, for example, who has been lionized for having insistently predicted the financial crisis, is shown to have made many other forecasts that were dead wrong — including predictions of crises that didn’t happen."

    Eat, Drink, & Be Merry, for Tomorrow We (Might) Die, March 20, 2011
    by William Holmes.

    Gardner's "Future Babble" is a much needed antitode to the endless stream of nonsense that we hear from pundits who claim to be able to predict the future. Broadly speaking, Gardner distinguishes between two types of experts: Hedgehogs, who know a given subject extremely well, are very confident about their predictions and are almost always wrong, often spectacularly so; and Foxes, whose opinions about the future recognize the difficulties and complexity of forecasting and are nuanced accordingly. The Foxes are only a bit more apt to be on target than the Hedgehogs, but they will at least acknowledge their errors, recognize the limitations of their art and adjust their opinions to account for new facts. They are also routinley ignored because they are boring.

    Unfortunately, people crave certainty, so they lionize experts who make bold, articulate predictions about what will happen five, ten, fifteen, even fifty years from now, a proposition that is inherently suspect when you consider that chaos theory shows that even small changes in initial assumptions will dramatically change long-term outcomes. Fortunately for the experts and their livelihood, listeners do an incredibly poor job of holding experts accountable for their gross errors. We remember the rare hits and ignore the many, many misses, a point that Gardner illustrates elelgantly and repeatedly.

    With wit and broad knowledge of his subjects, Gardner skewers numerous still famous "experts" who have routinely been wrong about things like the price of oil, the scarcity or abundance of commodities, population growth, Y2K, the collapse or persistence of the Soviet Union, and a host of other problems. He also explains the psychological reasons--confirmation bias, negativity bias, anchoring bias, hindsight bias, optimism bias, and even "bias bias"--that enables experts to maintain their self-confidence despite their manifest errors, and that causes the rest of us to keep hanging on their every word despite the fact that they are usually wrong. We are drawn to those who are "often in error, but never in doubt" rather than those who recognize that predictions are very hard to make, especially about the future.

  9. Havakasha is offline
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    09-20-2011, 04:42 PM #29
    Well its been an entertaining day of debate with the brainwashed right wing Siriusly Wrong. Till next time.... LMFAO.

    My quess is he will get personal and make some remarks about my money that he knows ZERO about. But then he always did have a LACK of CLASS. I would hate to blame his parents for his lack of'
    manners or his lack of knowledge.

    P.S. For those who dont know, he has a particular phobia of accountants. Its been rumored that he
    cheats on his taxes and doesnt want an honest accountant to check out his figures. Must be
    gambling on penny stocks again.


    Last edited by Havakasha; 09-20-2011 at 07:14 PM.

  10. SiriuslyLong is offline
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    09-20-2011, 05:03 PM #30
    Indeed, it has been an amusing day listening to your brainwashed leftist rhetoric. I often wonder how you get by, but then realize grandpa left you a bundle that you spend on tax accountants - protecting your wealth from taxation. Thanks for the amusement.

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