Schiff Blumenthal and the rating agencies

Blumenthal and the rating agencies, part II

Yesterday Republican Peter Schiff said Democratic Richard Blumenthal's recent lawsuit against Wall Street credit rating agencies was "political grandstanding."

Schiff, who takes credit for predicting the financial meltdown, says Blumenthal's action came too late and asked where was the AG "when such lawsuits might have actually helped avert the crisis?"
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Peter Schiff : We Do not need Consumers we need savers

Shiff Report for 12 Mar 2010 - Dollar, Yellen, Geithner, retail sales, unemployment

Yellen together with Helicopter Ben is a bad news for everybody concerned about the inflation and the value of the dollar
the last thing we want is more shopping and more consuming says Peter Schiff , 43% of the Americans have less than 10K of savings for their retirements , we need the American savers not consumers , the government is not only back it is back bigger than ever ...

Schiff Report : we Do not need Consumers we need savers