Monday, January 9, 2012

America abandoned the Free Market

Peter Schiff : "The reason our economy got into so much trouble is because we completely abandoned the free market and we followed the government policies of Bush and now we have got the even bigger government policies of Obama,"

"I hope we can fully repudiate big government whether it is Republicans or Democrats that want it and we can embrace Ron Paul and change the Republican Party and bring it back to the party of limited government."







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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