Friday, December 5, 2008

Stupid Socialists think Peter Schiff is one of them

The stupid socialists over at 'Crooks and Liars' are congratulating Peter Schiff on correctly predicting the market crash. John Amato has linked to a video 'Peter Schiff was Right', where Peter's correct predictions on the market crash are shown, and he then goes on to write:

As C&Lers know, I actually watched many of Schiff's appearances on the Conservative-dominated stock shows and indeed all the free-market, screw-the-middle-class blowhards routinely laughed at him as he tried to bring some reality to their petty world. Things were terrible and nothing their cheerleading could do would change any of it ... as we've seen.

What John Amato doesn't understand, when he ridicules the supposedly "free market" guys who laughed at Peter Schiff, is that Peter Schiff is the most free market guy there is. His dad went to prison to protest the income tax. Peter Schiff believes that Obama's socialist policies will further destroy America's economy:

His main criticism of the Bush administration is that it has increased the size of government, and bailed out industries, rather than adhering to the principle of laissez faire and not intervening in the economy. He constantly criticizes America's government policies for being too socialist, as can be seen in the 4:10 mark of this video:

and at the 8:38 mark of this video:

For the socialists at 'Crooks and Liars' to pretend that Peter Schiff is one of them, and make fun of people who believe in the free market -as if Peter Schiff is opposed to the free market, just shows how incredibly ignorant and idiotic they are.


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