On Sunday November 22, 2009, Peter Schiff joined St. Louis Fed President James Bullard and former Fed Vice Chair Alan Blinder at an event in New York. Business Today was there to record the event.
Quite an entertaining debate, though we would have loved to have seen more. Peter Schiff is not afraid to point out that Mr. Bernanke has not done anything right and has not accurately predicted the state of affairs, even while he is sitting next to two individuals who know Mr. Bernanke on a personal level and attempt to defend his record.
Those Fed guys got owned. Neither one of them could give a single example? Not one?
Schiff did a great job firing back at the “difficult hand Bernanke was dealt” argument. Bernanke was one of the dealers!
SpongeBob could have done a better job than Bernanke. Â Unless of course, by ‘job’ one means be a stooge for the global banksters.
So true Patrick. I mean really, how hard is it to come up with the idea to just print money. He didn’t even have to come up with an exit strategy. Just print. Then print some more. And if that doesn’t work, let’s print some more just to make sure that we have printed enough.
Schiff’s got balls. I am surprised they actually sat him next to these two guys.