Starts at about the 31 min mark but worth watching the whole thing.
Peter Schiff Testifies before congress.
Schiff was the guy that originally opened my eyes with his book "Crash Proof".
Didn't agree with anything that Dr Heather Boushey - the economist from Center for American Progress - said in the time slot preceding Schiff.
I like Peter Schiff. I got frustrated a bit with what he said while intereviewing Robert Kyosaki but besides that, he is pretty much accurate in his predictions.
Schiff nails it again..
Don't have time to watch the whole thing right now, but the few minutes I did watch I noticed a big difference. The progressive before Schiff was reading her remarks, Schiff did not have any paper in front of him. I guess it is easier to talk without a teleprompter when you know your subject and believe what you are saying instead of regurgitating the talking points.
Schiff continues to be one of my favorite truth speakers on this. If you haven't checked out his radio show or video blog you should, he never pulls any punches and is totally unafraid.
What is this guy Schiff talking about?
Sounds like the quickest way to collapse by stopping any more stimulus! We need to spend spend spend...I mean...what about the school children? Tax the business folks more! Give their money to those that need it, they've had such good times for so long now!
Who is with me and Dr. Boushey???