Neil Cavuto Keeps His Promise To Ban Peter Schiff From His Show!
Neil Cavuto vehemently defends subprime, and denies that increasing defaults represent a threat. When Peter Schiff tries to explain the severity of the situation, Cavuto not only accuses Peter of way overstating the subprime problem, but promises to prove Peter wrong in a year when he has him back on his show. However, Cavuto also promises that if he is the one ultimately proven wrong, and if Peter Schiff turns out to have been right, that he will never have Peter on his show again. Well Peter Schiff was right and Neil Cavuto kept his promise. Since the 2008 financial crisis officially began some nine months later, Neil Cavuto has not invited Peter Schiff back on his show.
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Peter owned Cavuto. Just face it Cavuto, Peter knew exactly what he was talking about and took you to school on how things really work. How about an apology and admit you were wrong? Classic.
Peter Schiff's Podcast is awesome. He has been right all along.
3:50 Neil: "And if I AM WRONG (Neil), then I will not have you back." And Schiff has not been back.
By far the best Schiff flashback I've seen. Peter, you're the man.
Mainstream media BS......great work Peter
It's 13 years later, and Cavuto still has his own show at Fox Business. Unbelievable.
Does Cavuto even still have a 'show'?
Neil. Shut up. Let Peter have his say. Stop interupting.
..another classic. -- '..and if I'm wrong.. I will not have you back'. -- Where is Cavuto now? Is he still on the air?
The ignorance some of these individuals continue have is baffling. How many times does peter Schiff have to prove them wrong?
"However, Cavuto also promises that if he is the one ultimately proven wrong, and if Peter Schiff turns out to have been right, that he will never have Peter on his show again." Christ, that is shameless. He'll only have Peter back on to brag he was right but doesn't have the balls to admit he as wrong in the case he was? This is why I can't watch FOX or any MSM nonsense: there's no journalistic integrity. Too many people worried about their image for personal gain and not about reporting the truth.
Oh look, Peter Schiff was right again!
Peter Schiff, is the man!
These clowns got owned. Nice job, Peter.
Peter, don't waste your time by going on Fox, I know it's fun shaming and exposing them, but just don't. :D
@Burt1038
10 жыл бұрын
Yeah, but appearances like these is how I got into Austrian economics in the first place...so, keep it up!
@fullmetalfreedom
10 жыл бұрын
He's on every channel exposing idiots across the spectrum. I love it they hardly challenge him anymore.
I love this! They are are ALWAYS wrong but people forget.
@johnragan3730
10 жыл бұрын
Yes. How they forget... Or is it? Management of Prospective Economics.... Maybe a little of both
Peter, you never needed to dye your hair. Now you're a "Silver Fox". Keep it Pimpin' Peter!
Epic!
Who in their right mind would argue that making a mortgage payment for a home that is losing value is a better choice than renting a home at a cheaper price? Just shows how stupid the "experts" on TV actually are!
YOU KNOW, I REMEMBER WATCHING THAT SHOW WHEN IT AIRED, AND LATER AS WE KNOW PETER WAS RIGHT......................I NEVER WATCHED CAVUTO EVER AGAIN AFTER THAT !!!!!!!!!!!!!!!!!!!!!!
You were right again Peter,its amazing how ignorant these guy are
You gotta hand it to him, he's a man of his word.
They did the same to Robert Kiosaki in CNN
"You're such a genius... I disagree with you...."
Amazing how it is his show and he is “right”. Man was he wrong!
2020 now... history repeating itself... so many people living in dreamland while peter is living in the real world as always
Is Cavuto, still around,? Some serious consumption of humble pie is over due.
Right on.
You forgot the [Flashback] in the title. :)
Peter is my go to guy since showing to the world how many idiots are on tv spouting off like they know what they're talking about.
You couldn't get two or three sentences in before he started interrupting you. This is why I haven't watched him for a long time.
peter schiff has his own radio show he does not need fox otherwise every one else will always agree with each other and they will all be wrong when the crash comes
@texndaisy
10 жыл бұрын
his radio show is ending at month end! he made that announcement a couple days ago..............i'd say i'll miss him but he says he'll still put out videos.........
@swagatopablo
10 жыл бұрын
texndaisy will the videos be available in the same youtube channel or do I have to look for them elsewhere?
@texndaisy
10 жыл бұрын
I'm quite sure they will still come to you the same way.
Wait for all the Home Equity Lines Of Credit to start readjusting now that the first ten years are up and they have to pay the principal and interest in the last five years.
All these all videos are in my recommended now. Nice timing :))))
"If I'm wrong. I won't have you back".. yup.
He should really be cool about it and have you back. Every sentence you said was spot on.
"I think you're a genius, but I'm not gonna listen to your viewpoint". haha, ok then.
These people have no understanding of history. I was too young to be aware of double digit interest rates in the 80's, but I've been told that people would just walk into the bank and hand them the keys because the debt they owed on their house far exceeded its value.
Ahh the good old days when the Dow was 13 000 and just about to tank to 6000
@daveforgot127
4 жыл бұрын
The problem is if you're able to hold on its it around 25,000 now so as greatest Peter is he's a terrible timer.
Needs to have peter back lol
Should start a TV show featuring news segments from then and now to highlight how often they are wrong or mislead. Guess you would have to show that on Roku or something.
Anyone know when this aired? Man Neil was so wrong.
nice
Peter deserves an apology letter from SO many "economists", namely Arthur Laffer, this guy and many other "professors".
This NEEDS to go viral! Hahahahahaha
If Cavuto had any cojones he'd have Peter back on and apologize not to Peter, but to his own FBN viewers for being so very wrong, and misleading them into thinking the subprime market was A-OK.
Cant get enough of these Peter was right videos
Peter has some serious patience...
It's always Peter Schiff vs everybody. Sometimes he's wrong but he's right more often than other people...which means I listen to what he's got to say.
Cavuto's recent interview with Vivek R. was a disgrace. Neil needs to go to CNN.
I see Neil's point because the full demise of the economy had not been realized at that point. BUT Peter was still right and a good majority of those govt backed mortgages (Fanny/Freddie) went bust and people stopped paying their mortgage. But at the same time this has driven rent sky high, so the rent/buy prices are closer than in 2008. In my area it's cheaper to buy than to rent but almost nobody can get approved for a loan now with less than 20% down.
Peter you were 100% correct, and I heard their gearing up for another housing bubble ! Cavuto, what a" tub of butter"
Hahahahahaha............. Can't wait until it happens, "Redux" style!!
Where's the year later show? Lol
@chivasbarca
4 жыл бұрын
He kept his promise because he hasn't had him on again haha
I have an uneasy feeling history is going to repeat itself here in 2014
An economist arguing with politicians (ahem, "journalists")
Peter Schiff must be absolutely heartbroken at this social vendetta of Cavuto's.
Neil said ... "If i'm right i'll have you back, if i'm wrong I will not have you back" ... Neil's wrong thus the Ban!!
You are "OVERSTATING IT". What the hell does that mean? That he's right and you don't like that he keeps driving the simple point home?
The DOW was at 13k. Damn how long ago was this? Before 08 I assume
Yes Peter, you were right and they were wrong. You are right and they are wrong. That is why they don't want you. You are quitting the show. Maybe the reason the local broadcasters don't want you is the same reason Cavuto doesn't want you? My local news radio station recently switched from, I forget,! To Jerry Rivers ! Proving it isn't any objectivity or credibility that you lack. They kill the messenger.
Subprime loans are not inherently bad. There's nothing wrong with loaning money to "subprime" borrowers. It's when you start loaning it out at too good of terms, and too much of it, that you start getting problems.
How are those Crows Feet Cavuto!!!
I am so glad I don't watch TV, and in particular, Fox
i would listen to him because he is correct.
lol....best video ever
All these pundits should be fired since 08. Sociopaths.
Bring the Schiff back
At least he did keep his promise.
Cavuto defended Enron...all you need to know
When was this from?
@LondonCrusader
10 жыл бұрын
By the price of Transocean (RIG)... it'd be late 2007/early 2008... which of course was when the big turn began. --
@popey4
10 жыл бұрын
LondonCrusader Yeah going by Peter's hair color I think you're right
@djung9064
10 жыл бұрын
LondonCrusader sounds about right...plus the color of Peter's hair XD
@HighConsciousness1
10 жыл бұрын
Probably 2007 - Schiff has come a Loooong way being more comfortable in front of the Camera since then - almost like a different person.
hahhaha. Beautiful.
News logic doesn't make any sense though. If Peter was right and that is the reason to have him back for this expert and correct analysis. The only reason not to have Peter back if he is correct is Neal's pride and ego.
YOU GOT REKT CAVUTO
That is an amazing promise: If he's right, he will invite Peter back so he can jeer at him; if Peter's right & Neil is wrong, Neil will ban Peter from the show, so Neil will never have to acknowledge his mistake. Now THAT's integrity. Not. What a coward.
Peter was RIGHT, again!!
Weird logic Cavuto. You should bring Peter back he doesn't flinch and he is right again.
Wait, how does he still have a show?
Peter was right on the money. Why the hell would a sub prime borrower pay a mortgage on a property worth 195k with a note worth 400k. Neil surely was a sub-prime borrower.
Cavuto's ego is so massive ....he just couldn't face himself in the mirror if he ever had to admit he was wrong about something.
Peter is right, Im about to sell my house just to get into a better location, but the houses in my 800k budget are WAY over priced and WONT go up ANYMORE. I know this because I WONT buy them and IM the consumer. So im going to stay in my house, then buy property to build when the market crashes,, which WILL happen because Im not paying 800k for GARBAGE In this shit hole of a democratic state thats double taxed and super inflated.
He is so emotional this Cavuto and that's why he is just a narrator...
Did Peter have more hair back then?
@johnnydoggs
10 жыл бұрын
Are u gay? Why would u focus on that. He is married with children if your hoping to date him :(
@johnnydoggs
10 жыл бұрын
He does have more hair now.
@channel1_channel
10 жыл бұрын
Are you less attracted to him now?
@VijayNinel
10 жыл бұрын
Not substantially more, but it was more black back then.
Cavuto better shake a few pounds, to many corporate lunches !
Why isn't there a chart or document that has recorded every single person who's been devastatingly wrong like Neil and have been so arrogant and so sure that they're right it's fucking nuts.
EPIC...#hair
Neil Cavuto is to financial advice what Jeffery Tubin is to legal advice. They're wrong more often than right, yet somehow continue to get *paid* to be so! It's almost like their employers don't care about right & wrong, they only care about #TheNarrative.
Are you kidding me? These talking heads can't understand how people making mortgage payments on a house that they owe 150k on _that is no longer worth even 125k which they cannot resell for more than 110k with a value that continues to fall_ will *not* default on such a loan? Who in the hell *wouldn't* become a renter in that situation?
Cavuto should Resign or be forced to !
Peter, you reversed the bet in your description. You said that if you (Peter Schiff) were proven RIGHT you would be banned from the show. That makes no sense and is not what Neil said.
@peterschiff
10 жыл бұрын
sure it is. He said that if he was wrong (which implies that I would be right) that he would not have me back on his show. That is precisely what happened.
@areyouready22
10 жыл бұрын
Peter Schiff Peter, you are an asset to all those who listen to you. I have been following you since 07 and have benefitted greatly from your advice. Thank you, keep up the great work and God bless you!
my house became worth less than the loan so I quit paying. it was no longer a good investment . so why keep investing? best thing I ever did. I was about 30,000 underwater. 2&a half years later after buying it cheaper property its pretty much paid off . now I have about thirty thousand in equity in about 6 months I will have no house payment. I think Peter is right
Neil is a nice fellow, but he was totally wrong.
Why is Cavuto still on TV? This right here destroys his credibility and respectability completely.
Neil is a total sophist. He puts a bunch of fallacious "arguments" together and just yells over people. Sorry Neil, your rhetoric isn't even convincing
peter is right most of the time,neil is a joke.schiff is one smart dude,sad his show is ending.
Caputo is just a sensationalist. Not a journalist. Not an economists. Maybe just a small bully.
Neil Cavuto who?
Cavuto FAILED
time will tell who is right... I'll put my money on Peter not peckerhead Cavuto
🤡 >Cavuto