Schiff : Greece bail-out is sending the wrong Message to other PIIGS countries not to act responsibly

We are sending the wrong message by bailing out Greece , this sends a message to other PIIGS countries that they do not have to clean up their mess cause they are going to get bailed out anyways ...they have no incentives to get responsible ...

Peter David Schiff, president of Euro-Pacific Capital, is a Connecticut-based brokerage firm have correctly predicted the U.S. stock-market collapse , the home mortgage meltdown and the credit crunch .
Peter Schiff discusses politics, world economies, and investment strategies and is now running for a Senate Seat in his native Connecticut , Peter Schiff is Author of the Best Seller Crash Proof How to Profit From the Coming Economic Collapse