Schiff Vs. Insana; Matter Vs. Anti-Matter

Tyler Durden's picture




 

Perhaps no better example of the two camps of perspectives on the market's performance and the Fed's expectations was on display this afternoon on CNBC. In the 'we need some destructive asset clearing in order to get back to any sort of growth trajectory and the Fed is feeding an inflationary monster with its band-aid upon band-aid money-printing' camp is Peter Schiff; while the other side of the investing octagon is Ron Insana who sees a '100% rise in stocks as evidence of something and that the Fed must do something, anything in order that we avoid the reality under the surface of a deleveraging deflationary world economy'. We are not sure of the winner as the shouting became too much to bear - but nevertheless the vociferous nature of the two combatants (each proclaiming their #winning-ness) shows the bifurcated world in which we live.

 

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Wed, 09/12/2012 - 19:08 | 2787742 max2205
max2205's picture

Ron is a big asshole. Boring wrong loser ego prick

Other than that....

Wed, 09/12/2012 - 19:14 | 2787756 SemperFord
SemperFord's picture

Yup, reminds me of Benny Boy, balding fuck who thinks stocks are the economy!

Wed, 09/12/2012 - 19:37 | 2787798 JPM Hater001
JPM Hater001's picture

This is extremly bullish for seashells.

What is most fun to me is that it will all be there on tape in the end.

And the end is near.

I really try not to self promote here but here is the end dickhead in my latest video...get to the end my daughters face is all you need to know: http://youtu.be/-LbuADjclNc

What we are doing to our childrens hope...This is the End.

Wed, 09/12/2012 - 19:47 | 2787823 RSloane
RSloane's picture

Well done! Thanks so much for the link.

Wed, 09/12/2012 - 20:04 | 2787831 Pladizow
Pladizow's picture

In 2006-2008 did'nt Insana's hedge fund fail and have to go back to being a paid puppet?

If he knew in 2003 the housing market was in trouble, why did'nt he short it and have a successful hedge fund?

Wed, 09/12/2012 - 20:17 | 2787880 stocktivity
stocktivity's picture

It's all Bullshit!

Wed, 09/12/2012 - 20:24 | 2787892 Dr. Richard Head
Dr. Richard Head's picture

What is bullshit is that CNbS videos no longer show on ZH through me iAss.... I mean iPhone4s.

Wed, 09/12/2012 - 22:57 | 2788158 FEDbuster
FEDbuster's picture

Save this clip for "Peter Schiff was right 2013".

Thu, 09/13/2012 - 00:41 | 2788352 economics9698
economics9698's picture

Insana talks like a macroeconomics textbook.  Now you guys know why I am fucking nuts.  Try teaching this shit and then trying to tell your students its shit.

Wed, 09/12/2012 - 20:32 | 2787910 Thomas
Thomas's picture

Insana was calling a housing bubble? Yeah. Right. He's a dildo just like all the other dildos on CNBC. How many decades are they gonna laugh at Schiff on CNBC. Bring back Mike Norman if you're gonna do that. He was the supreme dildo (along with that long-haired Neanderthal who was laughing with him.) Schiff is a natural lightening rod. If James Grant was saying exactly the same thing, Insana would be cowering in the corner, sucking up his own vomit in fear. I can't shit on him enough.

Wed, 09/12/2012 - 22:54 | 2788147 A Nanny Moose
A Nanny Moose's picture

IIRC, he miscalculated the initial rush herding, to dollars and sovereign debt. Peter at least owned up to the "error" in his thesis. The real miscalculation being the  will of the Government and The Fed.

Thu, 09/13/2012 - 00:42 | 2788354 economics9698
economics9698's picture

Thomas you need to post more just so I can check out the Mercury girl’s tits.

Thu, 09/13/2012 - 00:31 | 2788339 redpill
redpill's picture

Seriously, this will be another "Schiff was right" video and all these loser Keynesians will still throw up their hands and say "who could have known???"  Fuckers.

Wed, 09/12/2012 - 20:33 | 2787911 Thomas
Thomas's picture

Insana was calling a housing bubble? Yeah. Right. He's a dildo just like all the other dildos on CNBC. How many decades are they gonna laugh at Schiff on CNBC. Bring back Mike Norman if you're gonna do that. He was the supreme dildo (along with that long-haired Neanderthal who was laughing with him.) Schiff is a natural lightening rod. If James Grant was saying exactly the same thing, Insana would be cowering in the corner, sucking up his own vomit in fear. I can't shit on him enough.

Wed, 09/12/2012 - 20:51 | 2787943 SGS
SGS's picture

"100% stock recovery was not a recovery"

 

So was printing 6 trillion fucking dollars you motherfucker.

Wed, 09/12/2012 - 20:52 | 2787947 SGS
SGS's picture

"You can collect seashells, I'll keep buying Gold"

 

If Peter had a vagina I'd fuck him.

Wed, 09/12/2012 - 21:40 | 2788028 CompassionateFascist
CompassionateFascist's picture

2 Jews in a tub. I grow tired of all these "ideas". What's needed is cathartic Action.

Wed, 09/12/2012 - 22:17 | 2788077 hannah
hannah's picture

actually ron insana did call the housing bubble. there are presentations on the internet where he talks about the coming implosion. this was done outside of cnbc. then he quits cnbc and starts a hedge fund that invests in RMBS...? then that went bust.

he is a paid toad...but he did call the housing bubble.

Wed, 09/12/2012 - 22:24 | 2788083 smlbizman
smlbizman's picture

when

Wed, 09/12/2012 - 23:40 | 2788276 hannah
hannah's picture

the videos were probably filmed around 2004(?). they were videos of paid(?) talks he gave for small groups (i think).

 

Thu, 09/13/2012 - 01:00 | 2788369 JLee2027
JLee2027's picture

Probably the prospect of making strong money changed his mind. Like Greenspan's paper promoting Gold as Economic Freedom then becoming Fed Chairman and supressing Gold. They know better, but for some reason they lie like dogs. Don't understand it myself. Whatever, he's a sh/t.

Wed, 09/12/2012 - 22:21 | 2788088 smlbizman
smlbizman's picture

when did george castanza become a douchebag financial expert?

Wed, 09/12/2012 - 20:59 | 2787950 TwoShortPlanks
TwoShortPlanks's picture

The crying shame is that if we (the people who believe current policy is wrong) end up being right, there will be no camera crews or media shooting film of those who were wrong, eating out of rubbish bins...therefore, no official apology, and no recognition whatsoever.

Instead, what we will see, is that of Governments held-bent on taking Gold from us. We will be labelled as dishonest hoarders, akin to War Profiteers, after their [subconscious] realisation that they were wrong after-all.

There will be two minds which will emerge; the first is the puny mind of the average citizen, incapable of accepting that the were either wrong or acknowledge that they were lazy to investigate when things were amiss. The other is that of the Cerebral Narcissist, they will convince themselves and each other that their new position is merely an intelligent evolution in their own mindset and pathway, brought about from intellectual superiority, definitely not a 180 deg turnaround on their behalf. These two minds will constitute the media mouthpiece.

This is how we turn other nations and other people into enemies before waging war, and this is how metal holders will be turned into enemies of the state and the citizen-serfs of that state.

People like Schiff don't realise it as yet, but a target will emerge upon his back.

Wed, 09/12/2012 - 21:27 | 2788014 Karlus
Karlus's picture

Cant take what is on the bottom of the lake. Happens every time I go boating.

And if they make it illegal, there are plenty of foreigners that would love to trade me something nice for it.

They can laugh at Schiff all they want (and have for years, literally). I have done far better than any d-bag financial advisor or Bernie Madoff fund manager YOY and will continue.

CNBC is designed to part you from your money should you be silly enough to listen to any of these boobs.

Wed, 09/12/2012 - 23:33 | 2788260 TwoShortPlanks
TwoShortPlanks's picture

And Bloomberg USA is a continuous fucking Ad, punctuated only by the occasional Market Update...iPhone, iPhone, iPhone, iPhone, i'veAlreadyFuckingGotOne

Wed, 09/12/2012 - 20:53 | 2787949 Shizzmoney
Shizzmoney's picture

Because he is a shitty broker?

Wed, 09/12/2012 - 21:17 | 2788001 JPM Hater001
JPM Hater001's picture

"If he knew in 2003 the housing market was in trouble, why did'nt he short it and have a successful hedge fund?"

In past interviews Schiff has said he should have opened a hedge fund. And pretty sure there is little to negatively asses about Peters personal Investing. Suck on that.

Wed, 09/12/2012 - 19:47 | 2787824 krispkritter
krispkritter's picture

Insana-ty. Sounds like a worshipper at the altar of Krugman, Bernanke, and Keynes(aka, Dewey, Screwm, and Howe). Now I know why I shot my TV...

Wed, 09/12/2012 - 22:58 | 2788162 A Nanny Moose
A Nanny Moose's picture

Indeed. If printing money were the solution, why not just print all the time, and toss it out of Volvos? If printing money were the solution, why aren't Argentina, Zimbabwe, and Weimar Germany, Austria, etc., the finacial centers of the universe?

Thu, 09/13/2012 - 10:49 | 2789592 azzhatter
azzhatter's picture

I always thought Insana was dead. Now I realized he's just stupid

Wed, 09/12/2012 - 22:14 | 2788073 Ponzi_Scheme
Ponzi_Scheme's picture

My first thought was that I didn't steal her future. Then I realized I did steal her future... I haven't killed any of those responsible...

Wed, 09/12/2012 - 22:58 | 2788160 PlausibleDenial
PlausibleDenial's picture

Great video up to the point that you brought Obama on screen.  I prefer to be completely out of the right/left paradigm.  To be fully balanced you may have offered a Bush legacy of some sort.  Nevertheless, last time I checked, the folks from Papau, New Guinea were still using shell money to trade.  This, of course, in the face of the IMF.

Again, good video, just drop the blatant politics.  They are all the same.

Regards,

 

 

Wed, 09/12/2012 - 22:58 | 2788161 PlausibleDenial
PlausibleDenial's picture

Great video up to the point that you brought Obama on screen.  I prefer to be completely out of the right/left paradigm.  To be fully balanced you may have offered a Bush legacy of some sort.  Nevertheless, last time I checked, the folks from Papau, New Guinea were still using shell money to trade.  This, of course, in the face of the IMF.

Again, good video, just drop the blatant politics.  They are all the same.

Regards,

 

 

Wed, 09/12/2012 - 23:40 | 2788277 Angus McHugepenis
Angus McHugepenis's picture

Had to login just to say "thanks". Excellent video and I wish you and your family all the best.

Wed, 09/12/2012 - 19:48 | 2787827 RSloane
RSloane's picture

I'm glad you said that +1.

Wed, 09/12/2012 - 19:53 | 2787837 I think I need ...
I think I need to buy a gun's picture

Didn't Insana bankrupt 2 hedge funds? He's like a complete failure and I can't believe he makes it onto TV still what a fuckin asshole

Wed, 09/12/2012 - 20:34 | 2787912 Thomas
Thomas's picture

I'm not sure, but I know that he has been in a state of total intellectual bankruptcy since the dawn of time.

Thu, 09/13/2012 - 08:52 | 2788927 Debt-Is-Not-Money
Debt-Is-Not-Money's picture

"...what a fuckin asshole"

That's what I was yelling at the teevee during his comments!

Wed, 09/12/2012 - 19:44 | 2787819 GolfHatesMe
GolfHatesMe's picture

He's the George Costanza of that stupid station

Wed, 09/12/2012 - 19:50 | 2787833 banksterhater
banksterhater's picture

One of biggest pompous PRICKS ever on tv, 2nd to Klaptrap Kernen.

Wed, 09/12/2012 - 22:51 | 2788137 Citxmech
Citxmech's picture

Kudlow is pretty bad too.

Thu, 09/13/2012 - 01:20 | 2788383 LarryDavis
LarryDavis's picture

As I began to smell Mandy's body I had an increadible idea. "Why don't you cover your body in pina colada smelling tanning lotion and pretend you are on spring break in the 80s? Bring me that Spuds Mackenzie poster." Like most Australian women, Mandy wasn't one to argue after some shiraz and a few barbituates. As she poured the lotion on her tan but sturdy frame I told her to stop and sit still for minute. I wanted to put the lotion on her ass only. I didn't have time to cover her shoulders or calfs or less essential places like armpits or toes. As soon as her ass was glistening and smelling some cheap rum infused tanning bed nightmare, I started to put in work. I asked her about her time and Asia and if she had ever slept with rich Asian business men for money. As you would expect (and at least in part my disarming her can be attributed to how good I was fucking her) she said "Yes, Yes" in a drunk Australian voice. i was so happy to hear her talk about getting fucked and not about crony finance that it became increasingly harder for me to contain my ejaculate. I asked her to tell me about her dressing room at CNBC headquarters and if she had ever masturbated there. I couldn't even wait for her response and right as I was about to cum I plunged my throbbing dick right into her ass without warning. She shrieked and punched my stomach but I knew she liked it. Actually, I was certain she loved it. 

Wed, 09/12/2012 - 20:16 | 2787878 asteroids
asteroids's picture

The CNBC anchors where all laughing at Schiff. (What a disgrace)  I suspect, he'll eventually get the last laugh.

Wed, 09/12/2012 - 22:47 | 2788128 Silver Bug
Silver Bug's picture

Schiff is the man.

 

http://jamesturkblog.blogspot.ca/

Wed, 09/12/2012 - 19:16 | 2787743 knukles
knukles's picture

Insana is such a dork

 

Sorta like a guy who gets a journalism degree at Missouri, does a book review in the local underground free press on Paris Hilton's The Secrets of Deep Thinking and believes himself to be a fucking philosopher.

Ron Insana is a reporter miming for an Official Propaganda Organ of the Monied Interests who harbors delusions of grandeur, influence, importance and narcissism, thereby justifying debating a Peter Schiff or Ray Dalio.

Ron Insana.  Fucking Hero of Capitalism.

I wonder if Cramer lets him tweeze his back?

Wed, 09/12/2012 - 19:17 | 2787759 Michael
Michael's picture

Shit is moving into high gear. TPTB know their time is just about up. They will try to pull whatever shit they can pull out of their ass holes and throw it at you. Beware.

Central Missouri Copblocker Jeffrey Weinhaus Shot by MO St. Patrol Employee(s), Airlifted

http://www.dailypaul.com/254510/central-missouri-copblocker-jeffrey-weinhaus-shot-by-mo-st-patrol-employees-airlifted

http://www.youtube.com/watch?v=y7UnW0V4BMA&feature=youtu.be

Wed, 09/12/2012 - 19:42 | 2787812 White.Star.Line
White.Star.Line's picture

Michael...

Please stop worrying about our little "bump" into the iceberg and just take your seat in the lifeboat....".........

Thu, 09/13/2012 - 00:43 | 2788355 IrritableBowels
IrritableBowels's picture

Thanks

Thu, 09/13/2012 - 02:02 | 2788431 Weyland_Yutani
Weyland_Yutani's picture

I read "Cockblocker". My bad.

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