Scoff at a Prescient Man

NPR had a good segment on Pete Schiff, a market pundit who called the economic collapse back in '06 - and called it almost exactly - but was used as a punching bag and the but of jokes on CNBC and other market shows. MUST SEE: Here are some youtube clips that make his detractors look stupid while he's essentially reading a crystal ball. . . especially when the others are begging investors to buy stock in Bear Stearns, Merril Lynch, WaMu, etc.