Tuesday, June 30, 2009

Peter Schiff on Cap & Trade Bill CNBC 26 June 2009

Obama's Cap and Trade bill on global Warming ...Peter Schiff says that the only jobs that this bill is going to create are unproductive jobs bureacrats jobs that the rest of us will hav to support with taxes ..., This bill is ridiculouse even if the economy was in good shape , with the economy as bas as it is now this bill will destroy it with more taxes ...The emotional pulse of the public is a key component of any rebound, with Steve Malzberg, "The Steve Malzberg Show" host; Sean O'Hara, Revenue Shares Investor Services; Jeremiah McWilliams, St. Louis Post-Dispatch; Peter Schiff, Euro Pacific Capital; and CNBC's Dennis Kneale.


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Peter Schiff is a well-known commentator appearing regularly on CNBC, TechTicker and FoxNews. He is often referred to as "Doctor Doom" because of his bearish outlook on the economy and the U.S. Dollar in particular. Peter was one of the first from within the professional investment field to call the housing market a bubble. Peter has written a book called "Crash Proof" and a follow-on called "The Little Book of Bull Moves in Bear Markets". He is the President of EuroPacific Capital, which is a brokerage specializing in finding dividend-yielding, value-based foreign stocks.