Peter Schiff talks about Obama's speech April 2009

http://www.911oz.com/vbulletin/ Peter Schiff, pointing out what should be obvious. This video doesn't relly need any explanation. It is blunt, precise and straight to the point. Peter explains, correctly, that too much spending was the problem and Obama, obviously reading from his teleprompter, is encouraging more. Our government here in Australia, is doing the same thing. If too much spending and too much debt is the problem, how can our government spending at least 300 billion dollars, improve the situation? That money has to be paid back, by us, the taxpayers, WITH INTEREST !!! I suppose, if you are a parasite politician, it doesn't really matter, you can just vote yourself another big fat pay rise.

Category:

News & Politics

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• Peter
• Schiff
• responds
• to
• Obama's
• speech
• April
• 2009
• FED
• federal
• reserve
• obama
• stimulus
• spending

[twotwocharlie]

If the Chinese economy is bogus, and the US currency is being propped up by the chinese , what hope is there for the US dollar ??...