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Article posted Mar 26 2013, 11:18 PM Category: Economy Source: YouTube Print

Lou Dobbs versus Peter Schiff

I saw Lou Dobbs on TV a day ago with Megyn Kelly saying all the money in the Cyprus banks is "dirty money" and people should have no empathy for the people having their cash seized. - Chris
Via Peter Schiff:

Following an interview on Fox Business during which I discussed the situation in Cyprus and the potential broader implications of the crisis, Lou Dobbs, apparently now more optimistic about the U.S. economy, was very dismissive of my comments. But instead of just countering my arguments, he also impugned my character. He effectively accused me of being a charlatan, stating that my real objective was to scare people into opening accounts at my offshore bank. As I am often the bearer of bad economic news, I understand the tendency to shoot the messenger. Of course, Mr. Dobbs had no way of knowing that my offshore bank does not accept accounts from U.S. citizens or residents (Fox Business does not have an international audience yet) and therefore for this particular interview the only purpose for my bringing up my bank was to illustrate how the crisis was affecting the offshore banking industry; from the unique perspective of the owner of such an institution.

The Willis Report Fox Business March 22nd, 2013

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Comments 1 - 2 of 2 Add Comment Page 1 of 1

Posted: Mar 27 2013, 9:06 AM

20934 Schiff is correct. It's not the stealing people in Cyprus dislike, it's the honesty of the method.

Posted: Mar 30 2013, 3:17 AM

24144 Lou Dobbs quote:"in the United States, right now, we have a market for
which there is a PREMIUM for security, and, for RESPONSIBILITY".....
Is this guy even awake ? or, could he be just another "shill" propping
up the establishment lie ?
Lou,'re not "THAT F-ING STUPID" !

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