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August 2012



Peter Schiff - The Gold Standard Gets Another Look

August 29, 2012 – Comments (8)

As Republicans convene in Tampa to nominate Mitt Romney and hammer out their party platform, one of the planks that could attract the most attention is the Party's official position on the gold standard. As it is now being considered, the platform stops short of recommending a return to the gold standard, but does advocate a commission to consider the possibility. However, judging by the reaction with which many Republicans have greeted the idea, one would think that the platform might as well have called for the return of slavery.   [more]



Peter Schiff - Republicans Hope, But Don't Change

August 22, 2012 – Comments (0)

For much of the past few generations, the debate over balancing the federal budget has been a central feature of every presidential campaign. But over time, the goalposts have moved. As the amount of red ink has grown steadily larger, the suggested time frames to restore balance have gotten increasingly longer, while the suggested cuts in government spending have gotten increasingly shallower. In recent years, talk of balancing the budget gave way to vague promises such as "cutting the deficit in half in five years." In the current campaign, however, it appears as if the goalposts have been moved so far that they are no longer in the field of play. I would argue that they are completely out of the stadium.  [more]



Peter Schiff - The Not So Super Hero

August 10, 2012 – Comments (0)

[This is originally from Monday, but we had a holiday here that day, and I've been swamped since, so I didn't know about this until just now.]   [more]

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