Wednesday, April 21, 2010

John Stossel - Government Ponzi Schemes are the biggest

The biggest Ponzi schemes are not the Madoff's it is the Government run Ponzi Schemes social security medicare medicaid , all the money was spent on wars and variouse social programms and when the baby boomers will retire the coming generations will find themselves left with huge bills to pay for decades to come ...

Labels:Peter Schiff ,Ron Paul






Peter Schiff is a well-known commentator appearing regularly on CNBC, TechTicker and FoxNews. He is often referred to as "Doctor Doom" because of his bearish outlook on the economy and the U.S. Dollar in particular. Peter was one of the first from within the professional investment field to call the housing market a bubble. Peter has written a book called "Crash Proof" and a follow-on called "The Little Book of Bull Moves in Bear Markets". He is the President of EuroPacific Capital, which is a brokerage specializing in finding dividend-yielding, value-based foreign stocks.


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