"So what's Shiff's economic prediction for the Obama Administration?"

Noting yesterday's discussion of the unbearable bearishness of Peter Shiff, Instapundit links to the video below. I would love to watch it -- maybe you can watch it for me -- but the background music track -- "Band on the Run" -- is painfully distracting.



Really, if you are capable of watching this, I'm interested in: 1. What did Shiff say? and 2. What is the nature of your brain's capacity for attention that makes it so different from mine?

Also, why "Band on the Run"? Is it sort of like run on the bank?

Peter Shiff, painfully correct and surrounded by clowns.

Financial punditry, 2006-2007. 10 minutes long and worth every minute:



(Via Bloggingheads.)