Sunday, July 20, 2008

Peter Schiff Predicts The Housing Crash Back in 06

Peter Schiff and his father are both people I respect. They both love America for what it originally stood for and don't fall for the BS that is thrust infront of us today. Here is a video of Peter setting the records straight on Fox news back in 06 with a bunch of jackasses saying that house prices are going to rise in 07. Peter has uses logic and reason to explain his argument, something these dumb bastards clearly lack since they laugh in his face and claim interest only mortgages are a good deal.