Powder Blue Report

News, finance, politics, sports, and fun from the west coast

Saturday, June 28, 2008

Fox Business News vs Peter Schiff

It's rare when cable business networks like CNBC, Bloomberg, or Fox Business News let on someone who's been right all along about our crashing and burning economy like Jim Rogers or Peter Schiff, but when they do, fireworks usually ensue. These networks are always bullish on stocks and the economy. You'll hardly ever hear them question government statistics on things like inflation, GDP, unemployment, money supply, etc. So when a Peter Schiff goes on, tells the audience that the Dow will be worth an ounce of gold soon and gets bullied by kool-aid anchor Stuart Varney....well you can watch what happens below.


Post a Comment

<< Home