On the Heels of this Rally:Words of Wisdom From Peter Schiff

DriftingByTheStormDriftingByTheStorm Posts: 8,684
edited March 2009 in A Moving Train
This was from the other day, but i just remembered to post it.

Peter Schiff on CNBC ... at times speaking prophetic wisdom, and at times smacking it right in to Steve Liesman (Mr. Clueless).

Even Bill Seidman agrees wholeheartedly with Schiff.
FYI, Seidman is a former economic advisor to both Ford and Reagan,
former FDIC chairman through the 80's in to the 90's, and headed the Resolution Trust Corporation (RTC) -- which was the 80's equivilant of all of this bailout nonsense. RTC was how the government worked to schlep off all the bad loans from the S&L crisis on to the tax payer. He is also currently the CHIEF financial commentator for CNBC. The guy KNOWS his shit.

If even Seidman is agreeing with Schiff, look out!
:(
If I was to smile and I held out my hand
If I opened it now would you not understand?
Post edited by Unknown User on

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