Bill shares this video of economist Peter Schiff being made the object of scorn and derision two years ago by cable talk colleagues for predicting exactly what has come to pass in our economy. I hope Obama appoints this guy as one of his economic advisors. I also wonder how much money his antagonists have lost since those financial markets they were so high on collapsed.
I wonder if Mr. Schiff has this video playing in a continuous loop in his home and office. I hope he mailed a copy of it to each of the pompous critics he appeared on these talk shows with. In a just world those shows would play this clip every night. As it is few will remember how right poor Mr. Schiff was and how terribly and foolishly wrong his detractors were.
RLC