Peter Schiff calls the recession 18 months ago

Listen to tools like Ben Stein mock Schiff.

5:19
Stein: "Subprime is a tiny, tiny blip"

6:32
Stein: "Merrill Lynch is an extremely well-run company" The stock is "cheap" at $67 a share.

It's all over the place her,e and not just Ben Stein. The supply-siders mock Schiff and in retrospect look like totally incompetent fools.


And now Schiff on 11/20/08:
"There's notihng government can do, let it happen... A lot of people are going to lose their jobs, but we have to go back toa sane economy"

This is not good.