Peter Schiff and the Daily Show: The trouble is, graphs don’t win arguments.

February 1, 2014

Anyone can read the news to you; The Daily Show promises to feel the news at you.

I thought Jon Stewart was heroic when he took on Paul Begala and Tucker Carlson on Crossfire, exposing media theater and the uncomfortable truth that news organizations essentially take cues on integrity from Comedy Central. I bought it for a long time that Stewart’s The Daily Show was almost an acceptable substitute for cable news. Well, we all got a cold splash of reality last week, when Jon proved to us that his show is really is only comedy, and properly scheduled after puppets making crank phone calls.

Last week, the producers of The Daily Show defamed one of my intellectual heroes, Peter Schiff. Many libertarians criticized Schiff for walking into an obvious trap, but I can understand why Schiff took the bait. He personally appeared on the show in 2009 to speak with host Jon Stewart after having correctly predicted the 2007 financial meltdown. Stewart treated Schiff respectfully, and Schiff won the audience’s approval:

I imagine Schiff was expecting similar respect and thoughtfulness this time around. What he received instead was the following hatchet job, led by comedian Samantha Bee:

Read the rest of this entry »


My Metal Motivation: Why Gold Is Here To Stay

October 8, 2011

'B' is for 'Bubble'

The word ‘Bubble’ is brought to you by the letter ‘B’.

These are the words of an anonymous critic on my facebook stream, confident that gold is in a bubble destined for collapse. I have taken to occasionally posting the spot gold price to keep it in my readers’ consciousness. My most recent post drew criticism for expressing continued support for gold despite its $375, 20% tumble of late September, 2011. My critic continued:

Havent you learned your bubble 101 from the 08 collapse? … Not quite sure your metal motivation, but it is obviously a freight train that cannot be stopped.

My critic studied business, works in finance, and follows the stock market. I studied mathematics and I’m a lawyer. I have no formal training in either economics or finance. I do not follow the stock market. Yet, I have positioned myself so that I must justify my continued support for gold. Have I learned my bubble 101 from the 2008 collapse? You tell me.  Read the rest of this entry »


Links for May 31, 2011

May 1, 2011

  • A glimpse into our future?

  • I’d like to follow the Gary Johnson campaign. Read the rest of this entry »


  • Links for April 12, 2010: Marijuana Policy in Philadelphia, A Critique of Austrian Economics, others…

    April 11, 2010
    1. myfoxphilly.com | D.A. Explains New Pot Policing Proposals Vodpod videos no longer available.

      Seth Williams explains sensible proposal for marijuana arrest procedure, wards off scaremongering. For the latest, check Seth Williams’s recent “Radio Times” interview.

    2. DEA | Speaking Out Against Drug Legalization

      Call from the DEA.

    3. Opposing Views | The DEA’s Top 10 “Facts” on Marijuana Legalization

      Response from NORML. Read the rest of this entry »


    Links for 2010-02-19: ACLJ on Free Speech and Teachers’ Mailboxes, a Poor Critique of Austrian Economics, others….

    February 20, 2010
    1. ACLJ | Content based discrimination Vodpod videos no longer available.

      A careless misstatement of First Amendment law from the ACLJ. Perry Educ. Ass’n v. Perry Educators’ Ass’n, 460 U.S. 37 (1983), ruled specifically that teachers mailboxes are not public fora for speech. The school may allow certain people to use the mailboxes for limited speech purposes and exclude others. The question is whether the caller’s religious message falls within the limited purpose intended by the school. Jay won in Lamb’s Chapel only because the Court held the Church’s message in that case fell within the school’s limited purpose for opening the forum.  A similar case out of the 9th Circuit: Edward Diloreto v. Downey Unified School District Board of Education, 196 F.3d 958 (9th Cir. 1999), in which the fence around a school’s baseball field was held not to be a public forum open to all advertisers, The school did not violate the plaintiff’s First Amendment rights by rejecting an ad displaying the 10 Commandments. This is settled law.

      Update: Time to correct my own misstatement. It is true that the school may not discriminate against the church simply because it is a church. It may, however, discriminate against the church’s message if that message is not within the limited purpose for which the forum was opened. The church is not entitled to put whatever it wants in the mailboxes merely because the school allows other groups to use the mailboxes.

    2. YouTube | A Critique of the Austrian School of Economics


      The critic misstates why Austrians do not rely on facts and experimentation. Read the rest of this entry »