Peter Schiff On CNBC: GM/Chrysler Bailout Debate has been added as a related post - related requested by Trancecoach.

*related=http://videosift.com/video/Peter-Schiff-On-CNBC-GM-Chrysler-Bailout-Debate

For what it's worth, I did some digging and the rumors that Tim Cook is gay seem to be at least partially sourced to a speech he made in 2013.

http://business.time.com/2013/12/15/apple-ceo-tim-cook-gives-remarkable-speech-on-gay-rights-racism/

The relevant bit is at about 3:10 when he says that "I have seen, and I have experienced many other types of discrimination, and all of them were rooted in the fear of people that were different from the majority."

The rest of the speech talks about human rights in general, whether from a perspective of disability, race or gender.

Sure, it sounds like he's hinting at discrimination he experienced as a gay man in Alabama, but it could just as easily be sloppy wording on his part. I'm leaning towards sloppy wording just because I don't think he would hint at his sexual orientation so casually. As Apple's CEO, such a move would be a lot more intentional and carefully orchestrated.

So again, the CNBC host doesn't have a clue what he's talking about and he didn't out anyone. He just spread unsubstantiated rumors.

Wait. So the guy who may or may not have actually reached out to Tim Cook personally about his sexual orientation simply (and correctly) refused to discuss any actual names, but some random talking head with no special knowledge about Tim Cook's sexual orientation claimed he was gay, and that is supposed to constitute an outing?

The title should read: "CNBC host behaves unprofessionally and spreads unconfirmed rumors." Saying that he outed Tim Cook implies that the CNBC host had some special knowledge confirming that the rumors are true, and at this point we just don't know.

The real issue here is that some guy wrote a column about gay CEOs and consistently ran into the fact that very few of them are willing to be named.

This is speculation here, but my guess is that if you've managed to become the CEO of a fortune 500 company, then on a personal level you are probably confident enough and socially stable enough to come out of the closet.

The real reason these gay CEOs (whoever they may be) aren't coming out of the closet is very likely just because the act of a CEO coming out is perceived to negatively affect share prices. I don't know whether this is just an assumption made personally by these CEOs or if the board of directors at their company actively made it clear to them that it would be a bad move, but this phenomenon is the real story and we shouldn't let all of this viral nonsense about Tim Cook being "outed" distract us from fixing it.

This won't stop people from texting while driving.

Having your car impounded for a month, two months, then sold at auction, and a $1000, $5000, then $10,000 fine for 1st, 2nd and 3rd occurances will stop people from texting while driving.

It has been proven texting while driving is worse than being legally drunk while driving. http://www.cnbc.com/id/31545004

Hell, drunks technically could argue the alcohol impaired their choice to drive or not.

I'm just impressed at the commitment NBC is finally making to showing football in the states. 69 games total, 10 on NBC itself, the rest on NBCSN and CNBC http://www.sbnation.com/2013/7/29/4568642/2013-14-nbc-epl-tv-schedule Definitely the widest exposure ever on network television.

Your video, Sen. Warren verbally smacks down CNBC's "Squawk Box", has made it into the Top 15 New Videos listing. Congratulations on your achievement. For your contribution you have been awarded 1 Power Point.

*promote 100 votes+

Walmart heath care update:
http://www.cnbc.com/id/49791189

STRIKE NEWS:
http://www.thenation.com/blog/171222/when-walmart-workers-strike-what-you-need-know-and-what-happens-next

@Edgeman2112 if you've watched him so much, you'd know he's bullish on gold, China and many foreign stocks. He can't possibly be bearish about everything and be a successful investor, what would he ever invest in? He's invited as a commentator on CNBC and such because they need a bear to balance out what others are so bullish about.

What's the mystery about "tuition being high because of subsidies by the government"? Students are less price-sensitive when their tuitions are subsidized, colleges naturally take advantage of that by increasing the price of tuitions. The "why" is basic economics.

Like I said above to VoodooV, "if you were a grocer selling apples, and your customers were being subsidized by free loans for apple consumption, wouldn't it make your life a lot easier to charge more for apples if no one ever complained about the price?"

>> ^renatojj:

@Edgeman2112 if his track record isn't spotless, just focus on the spots and don't bother ever mentioning his many correct predictions. Nevermind his arguments either, if you blow any mistakes he made out of proportion, it invalidates whatever he stands for.
Also, being a multimillionaire investor, you obviously understand more about global markets and money than he does, right?


I don't comment on this willy-nilly. I've always, always watched him when he's on CNBC or Yahoo and catch his articles. Never does he have anything bullish to say hence permabear. I wish he would dig deeper in his claims but he always stays highlevel.

He rants about tuition being high because of subsidies by the government, but never digs deep into why.

>> ^Yogi:

Jesus how the fuck did our country get to this point. These rich people have ruined the shit out of it and then whine and cry when anyone even acts like they're going to push back a bit. It's just sickening to hear about this stuff.


These people live in their own reality distortion bubble. Their life is based on an ever-growing pile of lies. It takes alot of effort to sustain this base of lies, subjecting them to more and more stress as time goes on. They'll continue to try beat us down until the day they die, because reversing position would invalidate their life's work, and thus render their very existence a net negative.

Poor babies eh? Mo money, mo problems.

>> ^Zifnab:

That is 'CBC news' not 'CNBC news', a little different.


CBC = Canadian Broadcasting Corporation, Canada’s national public radio and television broadcaster
CNBC = Consumer News and Business Channel, a satellite and cable television business news channel in the U.S

That is 'CBC news' not 'CNBC news', a *little* different.

>> ^jimnms:

>> ^xxovercastxx:
@jimnms Was this fixed with the right embed? If it was, it's a dupe of http://videosift.com/video/Hitch-Vs-Sharpton-God-is-NOT-Great-yesnoca

ncel

No, the original was a debate on NBC. All I can find is a transcript.


still *dead then

>> ^xxovercastxx:

@jimnms Was this fixed with the right embed? If it was, it's a dupe of http://videosift.com/video/Hitch-Vs-Sharpton-God-is-NOT-Great-yesnoca
ncel


No, the original was a debate on NBC. All I can find is a transcript.