Friday, November 18, 2011

Peter Schiff : Newt Gingrich was paid between 1.6 and 1.8 million dollars in 2006 by Freddie and Fanny

Peter Schiff : "Where is the Newt Gingrich was Right Video?" "What history lesson is worth $1.6 million dollars?" Newt Gingrich was paid between 1.6 and 1.8 million dollars in 2006 by Freddie and Fanny. When the news first came out, he said "they were paying me as a historian".. as a history teacher? WTF? The Newt said "well is wasn't really history, they asked me about the housing market and I told them it was a huge bubble". They paid Newt off..







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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