PETER SCHIFF

PETER SCHIFF

Wednesday, September 14, 2011

Peter Schiff Testifies Before Congressional Jobs Committee 9/13/11

Peter Schiff of Europac Testimony Before Congress on Obama Jobs Bill : complete testimony with context (Q&A with Congressmen). Comments from other panel members and Congressmen questions and comments are included where necessary to provide context for Schiff's comments. Peter Schiff is awesome... and throwing more money on our failed education isnt going to fix any thing... they beat the creativity out of children and we arent even testing in the top 10 or 20 in any thing our schools are garbage... i agree we shouldn't let teachers go.. we should cut wasteful spending to keep them in work and what are they.. and im pissed Schiff's words fell on deaf ears Schiff explains how years of Federal Reserve-created inflation from massive credit expasion and interest rate manipulation inflated the stock market and housing bubbles, and through this malinvestment wasted trillions of capital and produced10 percent unemployment. Unless and until government removes the regulatory burden and gets out of the way, America's economy will never recover.What scares me is that I know Peter's arguments are completely novel and revolutionary to the liberals Boushey and Cummings. It seriously may be the first time they've ever heard a real live person say these things.


2 comments:

  1. I guess the S&P wants to reach 1230 before resuming its southward journey, October will bring more bloodbath as euro fails to hold up. The crisis is deepening. For accurate forecasting on markets please visit http://www.kalpeshmaniar.com

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  2. You are a gallant Peter, i am a fan of you.
    Read a majority of your books. Amazingly fascinated by your theories and dissection of the this big economic jargon.

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