Thursday, May 20, 2010

Peter Schiff: Stock market, U.S. economy, financial regs, exchange controls

http://www.youtube.com/watch?v=qz0aHQ8KUpQ&playnext_from=TL&videos=wlfC8YC-wf0&feature=sub

Seriously. I love Capital Controls. I love how the American Public is so mystified by Lindsey Lohan and whoever the hell else is in the news that they pay little to no attention to what the HUGE bill that just passed the Senate even says. This is just step 2. Step 1 was in the "Jobs" bill that passed. Step 2 is in this bill. Soon, we will be unable as a nation to invest in foreign anything, be it by complete and outright denial, insane taxation, or regulation that makes it so costly it is not worth it to invest there anyway.

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