July 18, 2009
– Comments (9)
I have to say shame on the stupid really.
However I am aligned to say that the market will keep on increasing.
haha, did he just say to Peter that he has to say that to sell his book???
what a come back XD
he can't respond to Peter's claims on reality so he attacks his integrity.
I have to say that I really like Kudlow - he's a straight shooter who doesn't make any excuses for is views. He was the one who started the "Green Shoots" dialogue and I have to agree that they are here.
The recession is over but the recovery is going to take a very long time.
"Too much inflation." That is what he said. Where? Schiff is nothing but a clown in my opinion. His credibility went down the tubes the day he said on the air that women only want to stay home and have babies. Fine you want to kool-aid follow this guy, have fun. Buy his book, make him rich. In the mean time he simply says the same things over and over. Nothing new.
1) I don't think his credibility as an economist has anything to do with his comment.
2) You badly distorted the comment in the first place. What he said was that woman had to go to work because they were forced to due to economic realities, rather than being able to choose to be stay-at-home moms looking after the kids. I also believe that he is correct, and that most women who had children would choose to stay at home to raise them if economic conditions allowed it.
Baloney, see the actual CNBC clip. Arbitare even posted it in one of his posts. He outright said women WANT to just stay home and have kids. Of course sexist statements like that detract from a person since it is an ignorant comment to begin with. And tell all those women establishing or trying to establish a career about your "feelings."
Now if you want to make a general statement that most people would rather not work if they were independently wealthy, well that's another issue.
I've seen the clip. If you want to misinterpret his meaning and in the process ignoring one of the more accurate financial forecasters recently, be my guest.
> Baloney, see the actual CNBC clip. Arbitare even posted it in one of his posts. He outright said women WANT to just stay home and have kids.
Oh, please, I saw the clip too. There is nothing sexist there. I know plenty of mothers of young children who WANT to stay home with kids until kids grow up a liittle bit but can't afford it. Also, their earning power will drop significntly if they stay at home for 5 years and then decide to come back. Do you think it is that much fun to be working full time with 3-4 kids? US workplace is extermly family-unfriendly from my experience so far.
I can't find the actual clip. Best I could come up with was this one where I refered to it in a Deej blog, yet couldn't find the video. http://caps.fool.com/Blogs/ViewPost.aspx?bpid=104063&t=01007146184382914537
There was no misinterpreting of his meaning. It was clearly sexist. Women fought hard enough to get out of the household without you guys putting them back in. Don't make the argument that poor women would rather not work and stay home. Most PEOPLE would prefer not working if they were capable financially.
And Russian I know many career women who shuffle their jobs with raising kids and would never change a thing.
But if you want to elevate this nut to guru status go ahead. Just remember he is the same guy who, along with his father Irwin Schiff, co wrote the book "The Great Income Tax Hoax: Why You Can Immediately Stop Paying This Illegally Enforced Tax".
Yeah go follow that advice and you can talk to his dad every day while serving jail time with him.