Tuesday, January 10, 2012

The FED helps the Government postpone the tough political decisions

Peter Schiff : "The Federal Reserve is helping the government postpone the tough political decisions,"
"The longer we postpone, the bigger the problems will be."
"We need to go back to the principles of free-market capitalism," - in azcentral







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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