Thursday, May 19, 2011

Peter Schiff on The IMF and DSK saga

Peter Schiff on Freedom Watch talking IMF- 5/18/11

Peter Schiff explains how the IMF really works : The IMF is using American tax payers money ,they are bureaucrats giving money to other bureaucrats bailing out corrupt politicians around the glob , hurting the poor and creating more poverty and corruption around the globe , why are we Americans borrowing money from China to give it to the IMF this corrupt and useless institution ?

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.