Thursday, September 11, 2008

Peter Schiff Speaks Post Bailout

Let me start this morning by recognizing any family that lost a loved one on 9/11. I hope everyone always remembers what happened to us 7 years ago today, and that we catch Bin Laden and anyone else thats responsible for it. Never Forget!

Its always interesting to listen to EuroPac's Peter Schiff. I don't believe in the "decoupling" of the world that Peter talks about because I think we are in a global meltdown.

He is pretty spot on with everything else. Enjoy!:





5 comments:

Minton Mckarkquey said...

My wife was supposed to be a in a meeting in tower 1 at 9:30am on 9/11 but she missed her train. Her colleague arrived on time - Scott Saber - and is no longer with us. I spent 12 hours trying to find her and then she arrived back at home. It was the worst day of my life.

My heart goes out to anyone affected by what those assholes did.

Anyway... it's looking like another day to start out of equities and to run away from financials as fast as possible.

Anonymous said...

Thanks for the links Jeff. I am the one with the opposing opinion on the Dollar.
:-)

Subprime Showtime said...

I'm quite excited that Lehman's about to bite the big one. Merrill Lynch will be next and then the Fed will likely buy all the rest of the banks so they can't fail. And we'll all soon be working for Bernanke!

Jeff said...

Crazy day in this manic markets wasn't it!

Minton

I will never forget 9/11. It totally sucked. I was on my way to Las Vegas and I was turning of the TV to leave when the second plane hit.

I just dropped my bag and watched the news all day and talked to my family. My heart goes out to anyone affected as well

Anyway

Anon

your welcome. Hope you enjoyed them. Feel free to disagree anytime. This blog is an open forum for thoughts and opinions.

Subprime.

I am working on a post right now about these Lehman sale "rumors".

Without the Fed no one touches them IMO.

Minton Mckarkquey said...

No bailout for Lehman, apparently: http://www.bloomberg.com/apps/news?pid=20601087&sid=anwKAqlcvrq4&refer=home