Peter Schiff: Crash Will Likely Happen During Next Presidency

That is what leaders do. When you'd give them the incentives, they will corrupt themselves. Don't give them the incentive. We have no real leaders now. We have a bunch of crooks that charge the U.S. tax-payers for everything they'd do. And they are still doing a jacked up job of it. All of the politicians, except a few, should be thrown in prison. Jon Corzine stole $1.6 BILLION from Americans, lied in front of Congress, proof that he lied came out, and he is still FREE.

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.