Peter Schiff on Student Loan Bill included in Barack Obama's Health Care Bill

[Billlovejr]

My student loans is close to $100,000! And the interesting thing about that is that I never took out any loans whatsoever! The loan came via Chase Bank. But Uncle Sam is trying to collect. I have a question. Who do I sue? I feel that the bank is responsible. Any sugessions as to make provisions to sue? Any recommendations on gettting an attorney? Thanx.

[MegaAvalonn]

He's right, if I got a huge loan at 18 that I wouldn't have to pay back in 20 years, I would simply refuse to pay anything for those 20 years and be sitting on a gold mine come age 38. The result will be huge inflation on prices. Sure, I may do well because I entered pyramide early, but it will suck for the next generation. Inflation is becoming a huge joke. If I were students I would take out that 100K student loan, drop out of college early, and spend it all on silver.

[bjarnet3]

In the free marked, COMPETITION is the key that makes the prices go down and quality go up.. PROFIT is the reason why there is competition. Every aspect of the marked where the government has not been involved the competition has pressed the prices so incredible low, that it's unbelievable....



[450984]

Read his 2 books,"Crash Proof" & "Crash Proof-2". They explain in detail what happened years ago and what is going to happen. Schiff was predicting this in 2004. People are scared, and just don't want the TRUTH!

[Tobacc0]

Schiff is nuts. It's not even worth my time explaining how wrong he is here.

[LeifEiriksson]

@Tobacc0 That's a classic. Somebody is just so dead wrong, yet you all you can do is name-call without positing any arguments against it.

[doltonboy]

Oh please explain how Peter is wrong.

[doctorjn]

@Tobacc0 Check-out "Peter Schiff was right" on youtube.

[Allamericom]

The DemO crates and Repuds do understand as they are one Bigger Government = Socialism They understand America Doesn't

Wake up America - End the FED and the inside 911 wars will go with them

Bring home our troops obama war monger Liars

[tobycoolrunner]

where is this from and when......

[MegaTubinator]

@tobycoolrunner From his weekly podcast "Wall Street Unspun" on 3/31/2010