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Just sat next to Ben Stein at the barbershop

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Just sat next to Ben Stein at the barbershop

Unread postby Ayoob » Fri 19 Dec 2008, 16:31:33

I asked him about Peter Schiff, he said he's getting daily hate mail and threats about his recommendation to buy ML at 75. He is worried about how violent the PS supporters are.

Weird.
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Re: Just sat next to Ben Stein at the barbershop

Unread postby oxj » Fri 19 Dec 2008, 16:42:50

Translation, Dr. Spock?
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Re: Just sat next to Ben Stein at the barbershop

Unread postby mos6507 » Fri 19 Dec 2008, 16:50:44

$this->bbcode_second_pass_quote('oxj', 'T')ranslation, Dr. Spock?


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Re: Just sat next to Ben Stein at the barbershop

Unread postby centralstump » Fri 19 Dec 2008, 18:08:06

$this->bbcode_second_pass_quote('oxj', 'T')ranslation, Dr. Spock?


This should explain it.


http://www.nytimes.com/2007/12/09/busin ... ref=slogin
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Re: Just sat next to Ben Stein at the barbershop

Unread postby TheDude » Fri 19 Dec 2008, 18:49:27

Didn't have time to suss him out about peak oil, eh?

"Buehler...Buehler...Campbell...Hubbert...Deffeyes...Buehler..."

ML, ouch, bad call. Peter himself probably has a lot of super-pissed investors who've been burnt by his advice to park $$$$ overseas, though. Or even PMs at this point.
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Re: Just sat next to Ben Stein at the barbershop

Unread postby Armageddon » Fri 19 Dec 2008, 19:31:37

$this->bbcode_second_pass_quote('TheDude', 'D')idn't have time to suss him out about peak oil, eh?

"Buehler...Buehler...Campbell...Hubbert...Deffeyes...Buehler..."

ML, ouch, bad call. Peter himself probably has a lot of super-pissed investors who've been burnt by his advice to park $$$$ overseas, though. Or even PMs at this point.




For the short term they may be pissed, but in a year , they will be happy as hell they listened to Peter.
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Re: Just sat next to Ben Stein at the barbershop

Unread postby InToWishin » Fri 19 Dec 2008, 20:10:45

$this->bbcode_second_pass_quote('', '[')u]Bailed-out corporations laying off workers in droves

Thursday, December 18, 2008
By: Corazon Esguerra

Executives laugh all the way to the bank while workers struggle

After pocketing a sweet $25 billion bailout, Bank of America has announced plans to lay off about 35,000 workers within the next three years.

Bank of America

After getting billions in taxpayers' dollars, Bank of America is laying off workers and cutting credit lines. The mass layoff could affect 11 percent of the 308,000-person combined workforce of Bank of America and Merrill Lynch. Bank of America took over Merrill Lynch after the financial services firm suffered losses of $40 billion.

Despite getting a generous slice of the bailout pie, Bank of America is not about to share it with its workforce or those who are desperately seeking credit...

Shows how bailouts are not about recovery.
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Re: Just sat next to Ben Stein at the barbershop

Unread postby eastbay » Fri 19 Dec 2008, 20:19:01

$this->bbcode_second_pass_quote('Armageddon', '
')

For the short term they may be (upset), but in a year , they will be happy ... they listened to Peter.



And that's what really counts. In a few years no one will care whether they paid $700 or $1,000 an oz for gold, for example. When it starts flirting with $2,000 or $3,000 what will it matter to them?

Or to energy investors when oil starts climbing again. This break is like half-time.
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Re: Just sat next to Ben Stein at the barbershop

Unread postby lawnchair » Fri 19 Dec 2008, 23:08:44

$this->bbcode_second_pass_quote('oxj', 'T')ranslation, Dr. Spock?


I'm sure most of the peanut gallery has seen it, but this clip is the money shot.
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Re: Just sat next to Ben Stein at the barbershop

Unread postby mstevens » Sat 20 Dec 2008, 02:00:01

$this->bbcode_second_pass_quote('InToWishin', '')$this->bbcode_second_pass_quote('', '[')u]Bailed-out corporations laying off workers in droves

Thursday, December 18, 2008
By: Corazon Esguerra

Executives laugh all the way to the bank while workers struggle

After pocketing a sweet $25 billion bailout, Bank of America has announced plans to lay off about 35,000 workers within the next three years.

Bank of America

After getting billions in taxpayers' dollars, Bank of America is laying off workers and cutting credit lines. The mass layoff could affect 11 percent of the 308,000-person combined workforce of Bank of America and Merrill Lynch. Bank of America took over Merrill Lynch after the financial services firm suffered losses of $40 billion.

Despite getting a generous slice of the bailout pie, Bank of America is not about to share it with its workforce or those who are desperately seeking credit...

Shows how bailouts are not about recovery.


No one said a bailout instantly makes a company solvent. Bank of America is still losing billions, and cutting the workforce is needed to help shore up their financials. If that money went to the workforce, the company would go bankrupt and they would all lose their jobs.
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Re: Just sat next to Ben Stein at the barbershop

Unread postby Carlhole » Sat 20 Dec 2008, 04:14:45

$this->bbcode_second_pass_quote('Ayoob', 'I') asked him about Peter Schiff, he said he's getting daily hate mail and threats about his recommendation to buy ML at 75. He is worried about how violent the PS supporters are.

Weird.


Ayoob and Ben Stein -- Hmmm, you both seem like funny guys... Wasn't there anything more to the conversation?
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Re: Just sat next to Ben Stein at the barbershop

Unread postby TommyJefferson » Sat 20 Dec 2008, 10:16:43

$this->bbcode_second_pass_quote('Ayoob', 'H')e is worried about how violent the PS supporters are.


Stein should be more worried about how violent MSM followers can be.

Stein's neocon flag-waving has seduced many of them to chalk him up as a wholesome and reliable source. That may bite him.
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