Peter Schiff: How He Would Fix America

What is going on

Nothing is ever as simple as it seems.

Paulson played a game of global russian roulette; and it appears to be winning. Schiff knows it.

I am stupid and it took awhile before it surfaced in my brain. We get a few more years to put the house in order.

Butternut of OH @ Apr 27, 2009 22:12:22 PM

The Shock Doctrine....read it

I can not argue the fact that he made this call as far as the economic down turn is concerned...but the damage is done and the cost is heavy for most Americans. Although his claims to fix things do make sense...you have to take a real world look at these problems from the ground up...as it is this free market trickle down BS that got us hear in the first place. From a human aspect America is not a third world country, so letting this thing deepen and drag on is going to spew consequences...in the form of chaos and revolt...simply put "the trapped rat theory" at some point people are going to fight back and possibly not via a ballot box...How do you think Hitler came to power? This whole economic situation needs a total revamping which includes socialism and free-market principles working in tandem.

Brian S of PA @ Apr 24, 2009 16:19:46 PM

Protection of Liberty, not Economic Planning

Regulation is good when it's used to secure liberty in the market place (i.e. prevent against force, fraud, and breach of contract). This isn't what Schiff argues against. In fact, I'm pretty sure that Schiff sees the entire banking system as fraudulent and something to be done away with. The type of regulation Schiff argues against is economic planning, which is destructive to liberty.

PorpoiseMuffins of CT @ Apr 12, 2009 16:38:20 PM

Peter Schiff's Book

I have nothing against Schiff and I often agree with his investment opinions but I have a few problems with the way he argues, especially in his book. In his book he mentions how great his currency picks have performed (at the time) against the dollar in the prior 12 months. Since then, the dollar has trumped all of the currencies he has mentioned. When pressed about it during media appearances he claims that (1) 12 months is too short of a time frame and (2) they are all fiat currencies so it doesn't matter. That is dishonest dialogue.

For my full review of Schiff's book please go to http://soyouthinkyoucaninvest.blogspot.com/2009/04/peter-schiff-little-book-of-bull-moves.html

SoYouThink of NJ @ Apr 10, 2009 18:38:50 PM

Peter Schiff, why would....................

the people and governement do something so rational and smart and filled with common sense as to follow those points up there! In case you haven't figured it out, i would consider most americans to be dumb and i am an american!

Eric of IL @ Apr 09, 2009 21:38:42 PM

Apology Due

Everyone one of those so-called financial gurus from Ben Stein to Art Laffer, and especially Mike Norman who so rudely laughed at Schiff's CORRECT predictions, and numerous others, ought to get on TV and apologize for being so ignorant and crass in their comments. And just like they ridiculed Schiff on tv they should now bow to him ON TV the same way, with their apologizes, acknowledging how rude and stupid they were, and how RIGHT Schiff was.

Lisa S. of NC @ Mar 25, 2009 08:44:48 AM

Peter Schiff & Rick Santelli Ticket

Peter Schiff and Rick Santelli would be great running mates. Unfortunately 80% of the population do not have the depth (or interest) in understanding their point.

Capitalism is dead because the economy is decided by voters who do not understand it and politicians who exploit their fear and envy. The only thing that we can do for America is to not sponsor those who wittingly or otherwise bring it down.

Hale Malia of NY @ Feb 27, 2009 16:27:21 PM

Schiff has become popular only because he has been right on the economy while others were not.

Well Greg, By 2010 If Schiff is right in his analysis, and lets hope hes not. And the U.S. is compleltly screwed, and everything he said turns out to be correct and everyone keeps supporting the failed policies of Dodd and company. Then well we deserve whats coming for us.

Lets hope he's not right, although I would probably say he has a better grasp at whats going on in the economy then most in the Senate or congress. On a side note your wrong about the money being spent in your state. Its already stated on the website if he doesnt run the money goes to the campaign for libety, not Connecticut Rofl.

Donald of CT @ Feb 25, 2009 23:24:57 PM