Neil Cavuto Keeps His Promise To Ban Peter Schiff From His Show!

[youtube P7KPBR2BZ6c]

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 eight months later, Neil Cavuto has not invited Peter Schiff back on his show.

Listen to The Peter Schiff Show
Live Weekdays 10am to noon ET on http://www.SchiffRadio.com
Buy my newest book at http://www.tinyurl.com/RealCrash
Friend me on http://www.Facebook.com/PeterSchiff
Follow me on http://www.Twitter.com/PeterSchiff

Peter Schiff is an American investment broker, author, financial commentator, and was a candidate in the 2010 Republican primary for the US Senate.

Video © and provided by Peter Schiff.