Peter Schiff Testimony Before Congress on Federal Housing Insurance 6-7-12

Peter Schiff testifies before the House Financial Services Subcommittee on Insurance, Housing and Community Opportunity. Hearing entitled "Oversight of Federal Housing Administration's Multifamily Insurance Programs." Thursday, June 7, 2012 10:00 AM in 2128 Rayburn HOB.

Peter Schiff is the CEO and Chief Global Strategist of Euro Pacific Capital, Inc. Schiff hosts a daily radio program at www.schiffradio.com.

• Category

  News & Politics

[poopieheadface]

schiff is so many levels above these clowns.

[Wyattinmnk]

These congressman are so incredibly stupid and arrogant.

Can they not understand.. that if you offer people cheap flood insurance, they will be more likely to build houses in dangerous areas, as there is less risk!?

The money used to pay those people their insurance for building their house somewhere stupid, is taken from most likely products and services that we all could enjoy.

These programs are entirely determintal and wasteful.

These congressmen are just disgraceful.

[josh mcclain]

Forgot Goldmen Sachs being insolvent America is insolvent

[Agassi Cazaubon]

retards.. retards everywhere

[mikeutterback]

I'm speechless at the arrogance and ignorance of the congressman. I'm actually embarrassed that these idiots represent the "free" people of this country...

This saddens me greatly...

[spidasilva69]

the sad reality is that everyone thinks they are above the bar. sad! def fucked!

[crg7127]

These politicians are a joke. What phukin idiots!! Mr Cleaver is an absolute moron. Totally clueless......

[Flukyunicorn]

The politicians are such closed-minded tards. They should be begging schiff for any insight he can give.

[ThePaganStomper]

Your not the only one.

I don't usually agree with ANTIFA but I guess we both can say NO PASAREN to the police state.

[TheAntiFascist2010]

and I heard that the UK is a total police state with cameras on every street corner, i would be blowing those cameras up with pipe bombs

[TheAntiFascist2010]

yes, i agree with you, but all social programs are socialism, so there will always be a small amount of socialism wherever there is money. that doesn't mean that those recieving benifits should be alowed to spend that money anyway they want, my idea protects the taxpayer by limiting what a beneficery of welfare can buy. the idea is great I dont understand any problem with it

[TheAntiFascist2010]

please explain how stupid i am