Daily Archives: 13 March 2010
Meet the Southern Avenger
Peter Schiff on the Dollar, sovereign credit rating, Yellen, Geithner, retail sales, unemployment
Peter Schiff explaining it like no one else can:
Greece asks US to help crackdown on speculators
As is nearly always the case, government is attempting to deflect attention from its own incompetence & corruption by vilifying the private sector.
The Greek prime minister has called on the US to help crack down on the financial speculators he blames for exacerbating his country’s debt woes.
George Papandreou said he wanted to see the US impose stricter regulations on hedge funds and currency traders. 
(Read more from news.bbc.co.uk)
The Moral Hazards of Unemployment
Government spending = 43% of GDP