Use access key #2 to skip to page content.

XMFSinchiruna (26.56)

Peter Schiff OWNS Dennis Kneale!



July 14, 2009 – Comments (17)

Combatting Kneale's weak attempt to characterize anyone who dares to stray from rosy outlooks of swift American economic recovery as self-interested doomsayers, Peter Schiff continues to do what he does best ... delivering his honest and non-sugar-coated appraisal of the state of the economy and the structural weakness that has been exacerbated by government responses rather than ameliorated by them.

Recognizing his inability to counter Peter Schiff's input, Kneale backs off notably from the aggressive tone of his introduction and fails to drive home his ineffectual premise.



For that matter, did anyone catch this moment some time back with Jeff Macke? The video was just brought to my attention, and I found it highly entertaining, though also a bit puzzling.

Now, I'm not going to sit here and claim that Macke's comments made a lick of sense without understanding full well the context of his tirade, but part of me thinks he was having a moment of pure unadulterated honesty over the airwaves as a therapeutic counterpoint to the relentless spin that he and others on his channel have been conditioned and/or instructed to provide. If I'm understanding his tirade correctly, and granted he was all over the place and his frustration impeded the effectiveness of what he was trying to communicate, I think he may have been referring to the insanity of peopleand businesses reconstructing their pre-Bear Stearns mindsets and actions despite the world being an entirely different place in light of the last 15 months. Perhaps I'm extrapolating too much, but if that's what he was getting at, then I 


17 Comments – Post Your Own

#1) On July 14, 2009 at 11:27 AM, XMFSinchiruna (26.56) wrote:

then I ... share his sense of astonishment. :)

Report this comment
#2) On July 14, 2009 at 11:38 AM, outoffocus (23.76) wrote:

Peter Schiff for Fed Reserve Chief!

Report this comment
#3) On July 14, 2009 at 11:52 AM, XMFSinchiruna (26.56) wrote:

In an unrelated incident, did anyone catch this handshake snubbing by Russian officials during President Obama's recent trip to Moscow? Does anyone know who these guys are that are doing the snubbing?

Refusing to take the hand of a sitting American president? One would presume that such a diplomatic row would yield appropriate levels of coverage if indeed we enjoyed a media unimpeded by corporate and/or political interests. Even the network from which this video was captured failed to note the event as it occured on their air with analysts in the mic.


Report this comment
#4) On July 14, 2009 at 12:45 PM, GNUBEE (< 20) wrote:

Loved beakers "And I'm not sellin' anythin"------yes you are Kneale and you've got competition. What your sellin is already being sold as a livestock byproduct by farmers though. 

Sinch, you better watch out Kneale will want you to come on the show, give you 20 seconds to talk, then dismiss anything you say, cut you off and then talk down to you once he takes the mic. Anyway, how were they going to get the five or six (don't remember #'s) bloggers on there anyway when they didn't even have time for the one who did go on?

CNBC, silly wabbits, luring unsuspecting guests in to abuse them just discredits the show and makes the host look like a child throwing a tantrum.

Report this comment
#5) On July 14, 2009 at 1:04 PM, dickseacup (< 20) wrote:

Refusing to take the hand of a sitting American president?

Maybe they've seen his birth certificate. :D

Report this comment
#6) On July 14, 2009 at 1:05 PM, devoish (71.86) wrote:

Equally bad is larry Kudlow who cannot stand to hear his guests speak and invariably talks over them.

Report this comment
#7) On July 14, 2009 at 3:50 PM, carcassgrinder (34.05) wrote:

Kneale has to realize that any true intellects watching him think that he is a complete joke.  His method of debate hasn't evolved much from the playground.  Trying to argue him with intellect and rational will only frustrate. His rebuttals are hollow, and all I can hear is him in a 4 yr. old's voice saying " not...I'm right and your wrong forever...infinity" as he shouts over anyone trying to speak.  He is a complete disgrace.

Report this comment
#8) On July 14, 2009 at 7:57 PM, LuckyStrike88 (< 20) wrote:

Kneale is such a moron, I wonder if he even gets paid to shill for big government?


LOL, at the birth certificate comment.  It's the same thing that went through my head.

Report this comment
#9) On July 15, 2009 at 2:59 AM, ahobbs (< 20) wrote:

After watching the "Russian snub" video a couple of times, I pretty sure that Obama was introducing the Russian President to these individuals, instead of offering a hand to shake...  Take a look again -- he's introducting these individuals and pointing at them with an open hand...

Report this comment
#10) On July 15, 2009 at 6:41 AM, XMFSinchiruna (26.56) wrote:


No way ... that first extended hand is 100% out there for a shake, but the President adapts quickly to the first snub. At the second individual, he still extends the hand, but holds it for a much shorter time. By the third guy, he's more hip to what's happening, and covers well be retracting quickly and making it look like he was just trying to point or gesture to the guy. It was, at best, a fairly smooth reaction to a very awkward situation for the President.

If some are still seeing the images in a different way, then all we have to do is identify the people in the greeting line. Unless they're American diplomats traveling with the President's entourage, it's safe to say that a handshake to both leaders would have been customary in a state visit to Moscow.

Report this comment
#11) On July 15, 2009 at 10:57 AM, jesusfreakinco (28.24) wrote:

That video made my day.  I wish I could give 5 recs for this one!


Report this comment
#12) On July 15, 2009 at 11:02 AM, portefeuille (98.81) wrote:

Peter Schiff Video Blog - July 14, 2009 (including his take on that interview)

Report this comment
#13) On July 15, 2009 at 11:19 AM, kdakota630 (29.12) wrote:


Excellent clips, and I can't believe that Russian snub clip!  Where's the mainstream media clamouring about the Russians all being racists?


Thanks for the link to my blog post.

Report this comment
#14) On July 15, 2009 at 11:32 PM, ahobbs (< 20) wrote:


Here's a photo from another angle of one of those alleged "Russian snubs":

The "Russian" on the left is an American -- Michael McFaul, Special Assistant to the President and Senior Director for Russia, National Security Council.  Don't know who the two individuals to the right of Mr McFaul are, but they appear to be wearing US flag lapel pins on their jackets.

This picture matches up perfectly with the last 3 individuals in the video.  Watch the video again.  He is introducing the American delegation to the Russian President.  He does this with an open hand -- that's just how he does it.  You saw a Russian "snubbing" because you were told that's what it was, and your mind was biased when you viewed it...

Report this comment
#15) On July 15, 2009 at 11:43 PM, ahobbs (< 20) wrote:

Sorry -- lapel pins could be nametags (it's hard to tell) -- but it's no stretch to assume that the Americans were grouped together...

Report this comment
#16) On July 16, 2009 at 8:21 AM, XMFSinchiruna (26.56) wrote:


Thanks for identifying the guy ... that does change things quite a bit. I'm now very open to the possibility that the video captures a non-event.

For the record, though, I don't think I saw a snub just because it was in the video title ... the way he extended his hand to the first guy of the three, and the way he seemed to nod his head and gaze downward toward his hand ... you have to admit that objectively the first of the three, especially, looked like a refused handshake.

Anyway, we'll file this in the inconclusive category for now. Nice job finding the photo and i.d. ... I'm more concerned with the truth than being right. :) It's one of the great things about this community ... lots of talented people gathered together to keep you on your toes.

Report this comment
#17) On July 18, 2009 at 12:12 PM, kdakota630 (29.12) wrote:

Here's Obama getting snubbed about a month ago in Saudi Arabia.  I didn't know about this until about 5 minutes ago:

Report this comment

Featured Broker Partners