While I was working out this afternoon, I saw Peter Schiff on CNBC discussing the OWS. Since I couldn't hear the audio, I'm not sure exactly what he said. When CNBC posts it later, I'll be sure to add it.
When I got home, I thought I'd check Peter's Youtube channel for some clues as to how he feels about the protest movement. Why do I care, you ask? Because I have a high level of respect for Peter. He is a very smart guy, an accomplished "Austrian" and definitely not a "mainstream media shill". On these three points, I think we can all agree.
Therefore, I thought it would be fun to post the following video from Peter's channel. Recorded last Saturday, Peter discusses Herman Cain and OWS, two very hot topics around here. It's about 14 minutes long.
Now, I've asked everyone to please refrain from politics and OWS on this main blog page and I very much appreciate the efforts that have been made to comply. On this thread, however, I am going to ask the mods to suspend the current "rules". Based upon Peter's informed opinion, we have an opportunity here for a main-page discussion of these two, very important issues. Have at it but please remember to be civil. Educated and reasonable people can disagree without being disagreeable. We'll return the main discussion back to precious metals etc tomorrow morning. TF