Sunday, November 28, 2010

Ron Paul : Cut Spending to Stop the Debt Spiral!

10: Cut Spending to Stop the Debt Spiral!

Congressman Ron Paul says that the Republicans (especially the "Tea Party" variety) need to stand their ground and vote NO on the raising the debt ceiling. The only way to stop the debt spiral is to cut spending NOW!

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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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