So, this video was aired back in August 2006. One one side we had one of the biggest "tinfoil hats" in the world, Peter Schiff. On the other side we have a mainstream economist Art Laffer (Former Ronald McReagan Economic Advisor, BA Economics Yale, MBA Stanford, PhD Economics Stanford). Watch the video and see who is the "idiot" today, 2 years later.
Also, Laffer and his kind are the ones saying that we MUST HAVE this 700B bailout. Peter Schiff, on the other hand, has been saying this about the bail out: " We're going to die from the cure not the disease ". I put my money on Peter Schiff and I am certain that we will have some scary times ahead. better buy your tinfoil hats folks, cause the mainstream economists have no clue about what is going down.
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