Peter Schiff Testimony Before Congress On Jobs Committee
TARP on Steroids: Timothy Geithner dodges Brad Sherman question – 9.23.2009
Alan Grayson questions that when a bank is bankrupt, the solution is to just change the accounting rules?!
Peter Schiff explains that there is no ceiling for Gold prices and that treasuries are not a safe haven.
Peter Schiff explains that Ron Paul is urging government to not raise the debt ceiling which is not in the best interest of his gold stocks. Gold will continue higher until the budget deficit is cut and spending is reduced. Inflation will continually drive gold higher.
Marc Faber says that everyone in the worls has become a Keynesian. The best thing the Fed could do is collectively resign.
Rick Santelli urges Congress to stick together and stop spending. There is no compromise on spending. We must live withing our means.
Nassim Taleb explains the problem with Bernanke. Also explains the fundamental problem that America has too much debt in the system and that debt needs to be broken. US is becoming like Lebannon with the debasement of the currency.
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