Saturday, September 8, 2012

Should the Government Put a Cap on Corporate Profits?

Should the government limit corporate earnings, while unemployment is so high? Peter Schiff, Euro Pacific Capital CEO, weighs in."a lot of democratic delegates. the problem is this is the core of the democratic party. i mean, they like to talk about the fringe elements of the republican party and the tea party. they're out there. first of all i don't think they are. they believe in the constitution, limited government, sound money. those things are extreme to the democrats, but this is the core of their party. i'd love to see Barack Obama come out and repudiate this video because i don't think he can because he'd alienate his base." Peter says

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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