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Wednesday, April 21, 2010

Peter Schiff we do not need more Financial Regulation

Schiff Report Video Blog April 21st 2010

It is the excess of government regulations that is distorting the market , more government and government regulations is not going to solve the problems it is going to create more problems ,
we do not need more consumer protection the consumers need protection from the government says Peter Schiff
had we had more rules and regulations it would not have prevented what happened and it would not have stopped Goldman Sachs to fraud the system

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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.