“The fact that Moody’s can make such an asinine statement shows you the truth behind that organization. And that’s why Moody’s was putting triple-A ratings on mortgage-backed securities that went to ZERO. Because that’s about how much credibility Moody’s has in the ratings world…and that’s ZERO.” – Peter Schiff
Post Tagged with: "Peter Schiff"
The Lies a Fed Chairman Tells
Schiff says Bernanke is lying. Peter Schiff blasts Ben Bernanke and the Fed’s policies in attempting to prop up the slowing economy. Schiff questions why anyone gives Bernanke any credibility regarding the economy because of his terrible track record.
Government policies will cause depression and high inflation – Schiff
Peter Schiff explains how current government policies are leading us to a depression worse than the Great Depression and possibly coupled with hyper inflation. He says there never was a recovery, just an artificial bump from massive spending of printed money.
Raising the Roof on Debt – Peter Schiff
No Congressman wants to be on the record voting for unlimited debt, yet most are willing to rail against fiscal recklessness while raising the ceiling every time it’s reached. Any Congressman who gives lip service to a balanced budget Amendment but votes to raise the debt ceiling is a hypocrite.
Put the pedal to the metals?
Peter Schiff on gold and silver. “The fundamentals have not changed. … The fed has got the monetary pedal to the metal.” “The dollar hit an all time record low against the Swiss Franc.”
Schiff: The government is now taxing us through inflation
Peter Schiff and Judge Napolitano discuss the charges against Bernard von NotHaus for creating silver coins. Are all gold and silver buyers and sellers terrorists? The judge thinks the case will be reversed on appeal.
Peter Schiff says gold is headed for $5,000
The Fed’s money machine will continue to destroy the value of the dollar and drive up the price of gold.
Peter Schiff calls Fed Chairman Bernanke a liar
Bernanke continues to act as a political puppet as he tries to convince people that there is no inflation while he prints money to buy US debt.
Congress argues over bar tab on the Titanic
Democrats want to cut spending by one day’s borrowing and GOP wants one week of borrowing cut. David Walker, former comptroller of the US, says that’s like arguing over the bar tab on the Titanic when we’re headed for an iceberg that could sink the ship of state. Peter Schiff and David Walker on with Lou Dobbs.
Peter Schiff on CNBC Fast Money: U.S. Heading Toward a Dollar Collapse
The Ponzi scheme of borrowing printed money is a recipe for disaster. The leftist ‘redistributive’ ideology of Obama and the Democrats will keep America spending more than can ever be repaid.