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Peter Schiff - Back in the U.S.S.A.

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June 19, 2009 – Comments (5)

Harry Browne, the former Libertarian Party candidate for president, used to say: “the government is great at breaking your leg, handing you a crutch, and saying ‘You see, without me you couldn’t walk.’” That maxim is clearly illustrated by the financial industry regulatory reforms proposed this week by the Obama Administration.

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5 Comments – Post Your Own

#1) On June 19, 2009 at 2:45 PM, Option1307 (29.68) wrote:

What happened to my comment, damn caps!

Such was also the case with Freddie and Fannie,... The new round of regulations ignores them completely. Along those lines, ratings agencies such as Standard and Poor’s and Moody’s that completely missed the mark were also spared.

Yep, these two groups were completely innocent in the demise of our financial system. Nothing to see here, nothing to see, simply move along...

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#2) On June 19, 2009 at 4:16 PM, Collin757 (< 20) wrote:

Schiff for Pres., Ron Paul Chairman of Fed.

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#3) On June 19, 2009 at 6:11 PM, binve (< 20) wrote:

kdakota: Another good article. This one was short but sweet :) Thanks for the posts man, keep em coming!

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#4) On June 19, 2009 at 6:16 PM, kdakota630 (29.56) wrote:

binve

Thanks!  I thought it was one of his better ones as well.  There's another good read if you want to check out the one I posted a little previous to this at my KDakotaFund account, plus the video blog I posted just before this touches on some of the stuff he writes about.

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#5) On June 20, 2009 at 3:11 AM, AdirondackFund (< 20) wrote:

Kdatoka:  I too always enjoy your coverage of Schiff.  Thanks for the thought and the effort. 

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