Obama no smarter than Khrushchev or Mao, says Peter Schiff

Peter Schiff is a successful businessman, bestselling author, and economic expert widely credited with foretelling the US economic crisis years before it occurred.

In 2006, Peter sounded the alarm that the US economy was facing significant challenges as the credit and housing bubbles neared deflation. His numerous appearances on national television predicting the recession were met with skepticism by established insiders, but Peter continued to warn of the coming economic collapse.

Peter maintains that government intervention through regulation, stimulus programs, and corporate bailouts can only worsen our economic crisis. Peter has been a vocal critic of the economic stimulus packages proposed by both President Obama and President George W. Bush.

Schiff has authored a new book titled "Crash Proof 2.0" which explains what steps the average person can take to protect their finances and wealth in the face of the impending dollar crisis:
http://www.amazon.com/gp/product/047047453X?ie=UTF8&tag=gredeafroama-20&a...

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[lydviola]

Ron Paul for President, Peter Schiff to be Secretary of Treasure, Mike Gravel Secretary of Defence ;) ...then the US will survive

[justgetsome]

Peter is amazing. Schiff for prez.

[jscottupton]

Schiff is correct that there is very little difference between the policies of Bush and Obama. It's just a matter of degree...

[jobedied]

George Bush said the fundamentals of the American economy are fine in 2008. He is a republican and has great connections with business leaders . So what he says is as if God has spoken just ask him.

[azulrougeangel]

indeed very true

[pretorious700]

@tomives1985 Obama has overseen "stimuli" that is exponentially bigger than what Bush did. Why not hold him accountable? He's the president NOW, isn't he?The whole bailout fiasco has been going on for decades by every president we've elected and it doesn't work. Where's the "change" Obama trumpeted?

[tomives1985]

Why is it Obama's stimulus package? I seem to remember Dubya being president when the US decided to buy up the banks.

[aviomaster]

- Peter Shiff is amazing ... He was learning the right way ...

Birocrats in USA fucked in up ... like in every country they tried to control ...

CCCP fell to the ground , and collapse of CCCP brought simply HELL to the people there ...

Central Goverment planing does not work , USA goverment is now in charge of financial institutions in USA, Not good.

[justgetsome]

Peter is amazing. Schiff for prez.