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Peter Schiff Testifies Before Congress on Federal Housing Insurance Programs 07-Jun-2012

November 2, 2012

Peter Schiff Testifies Before Congress on Federal Housing Insurance Programs 07-Jun-2012

Hearing entitled “Oversight of Federal Housing Administration’s Multifamily Insurance Programs”. Peter Schiff speaks at 50:00, 1:07:00, 1:09:35, 1:36:17, 1:46:00, 1:50:00. Speakers: Ms. Marie Head, Deputy Assistant Secretary, Office of Multifamily Housing Programs, Office of Housing, Federal Housing Administration Mr. Michael Bodaken, President, National Housing Trust Ms. Sheila Crowley, President and Chief Executive Officer, National Low Income Housing Coalition Ms. Mary Kenney, Executive Director, Illinois Housing Development Authority, on behalf of the National Council of State Housing Agencies Mr. Rodrigo López, President and Chief Executive Officer, AmeriSphere, on behalf of the Mortgage Bankers Association Mr. Richard L. Mostyn, Vice Chairman and Chief Operating Officer, The Bozzuto Group, on behalf of the National Multi Housing Council Mr. Robert F. Nielsen, Immediate Past Chairman, National Association of Home Builders Mr. Joseph L. Pagliari, Jr., Clinical Professor of Real Estate, The University of Chicago Booth School of Business Mr. Peter Schiff, Chief Executive Officer and Chief Global Strategist, Euro Pacific Capital To read more about the macro-economy go to:

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Related posts:

  1. George Lucas proposes affordable housing plan (May 17, 2012)
  2. Illinois Low Income Housing Programs.mp4
  3. Ending Homelessness: How Banks Can Finance Permanent Supportive Housing
  4. Partners in Housing: Multifamily Preservation Training Lesson 3 07/19/2012
  5. Partners in Housing: Multifamily Preservation Training Lesson 2 07/19/2012

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  1. teehheeeNov 2, 2012 at 4:16 am

    What is wrong with the audio? Is it just me?

  2. Peter WebberNov 2, 2012 at 4:16 am

    Watching this video is a great way to promote becoming a Canadian citizen. No way out for America with idiots like that in power.  “A good loan is a good loan.” “Moving loans from ….. to …….”. Oh my God. Proud to be a Canadian.

  3. SilicondocNov 2, 2012 at 5:08 am

    I learned at 50.00 and at 100:50 the god damned government owns the mortages on 90% of the homes in the USA RIGHT FUCKING NOW.
    When the JACKASSED IDIOT spoke after Schiff 100:50 and WHINED about the UNHEALTHY “market” left comletely out of his analysis was THAT’S NINETY FUCKING PERCENT FED BACK AND FED INITIATED.
    We are 10% Capitalist.

  4. SilicondocNov 2, 2012 at 5:25 am

    LOVED the opening at 50:00. I must say Mr. Schiff is far too modest in describing his excellent wake up call talk over at TownHall.
    Thank you Mr. Schiff and a special thanks to the user “katchum” who, very conveniently for me provided this clip with Mr. Schiff’s times to speak noted.
    Thank you katchum, c-span was NOT yielding this hearing, I suspect they have buried, lost, or of course, put a dollar figure on it so that the fewest citizens possible may be treated to Mr. Schiff’s GREAT SPEECHES

  5. calimar28Nov 2, 2012 at 6:10 am

    Judy Biggert needs thrown out on her ass by the teaparty. This is the House the teaparty voted for? REALLY? This is business as usual here.

  6. 10slingerNov 2, 2012 at 6:33 am

    You are entitled to you opinions as he and I are ours. Those opposed to Peter tend towards Marx, Karl or Krugman, Paul, I find his economic paradigm way more viable than any other. There are confounders in his theories but that makes them no less valid. Being the worlds strongest power and holder of the Reserve currency changes short term dynamics.

  7. heckler73Nov 2, 2012 at 6:55 am

    What’s worse is that Pete has no respect or the humility required to accept the fact his economic paradigm is wrong (whereas I am definitely flexible and can accept my errors). Even when shown over and over as to why, all he does is threaten to sue people in response. Maybe if you were on the receiving end of his ridiculous threats, your view of him would change.. I’m not sure what your reference to Marx has to do with this, unless you are talking about the M-C-M+ circuit of “Capital”.

  8. 10slingerNov 2, 2012 at 6:57 am

    True about the nescience. Sorry you have such a disdain for Peter Schiff’s ideas. He has my vote on this however. There is always Marx.

  9. puppetsockNov 2, 2012 at 7:56 am

    We are talking about different kinds of insurance here. The insurance this hearing is concerned with isn’t homeowner’s insurance, it’s insurance of the mortgage and a bank (or other financial institute) is the insured.

  10. heckler73Nov 2, 2012 at 8:45 am

    What’s MMT?

  11. 88relientNov 2, 2012 at 9:40 am

    Certainly looks like MMT is getting us far, eh?

  12. 88relientNov 2, 2012 at 10:16 am

    He gave the answer. The free market. Freedom. The constitution

  13. RickCostelNov 2, 2012 at 11:04 am

    Disliked for bad audio.

  14. baaadmofoNov 2, 2012 at 11:44 am

    why would he?…
    who says he shouldn’t? wtf? ;p

  15. particlelightNov 2, 2012 at 12:36 pm

    First step: Government gets out of the housing market. Done.

  16. HandyMan101Nov 2, 2012 at 1:03 pm

    The violent revolution is coming.. It cannot be stopped with people like this in power…

  17. heckler73Nov 2, 2012 at 1:59 pm

    No, the etymology indicates the origin being around 1610… from the Latin for “not science”

  18. yofed2Nov 2, 2012 at 2:37 pm

    why would a homeowner have no homeowner’s insurance???

  19. 10slingerNov 2, 2012 at 3:00 pm

    Heckler good name. Nescience new word?

  20. JeffersonianTVNov 2, 2012 at 3:16 pm


  21. JeffersonianTVNov 2, 2012 at 3:17 pm

    so many pompous asses in congress. Listen to how they love listening to themselves.

  22. JeffersonianTVNov 2, 2012 at 4:02 pm

    MS. Head is a PLANT. it is so obvious that she is reading her REHEARSED answers – WAKE UP

  23. metro222Nov 2, 2012 at 4:46 pm

    Why did Peter not answer the question at 1;09? He did not give a simple step by step plan as asked

  24. heckler73Nov 2, 2012 at 5:30 pm

    I accept your apology.

  25. heckler73Nov 2, 2012 at 6:24 pm

    Do you mean I haven’t taken an economics class that you approve of?
    Or just in general?
    If the latter, you are so intuitively broke, I’m surprised you can afford to pay attention.

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