Right Again

A while back Peter Schiff was blasted by another economist and a Cavuto show fill in host (who could generally be classified as an ass for the way he spoke to Mr. Schiff) for suggesting that the inflation numbers were false.



As we have seen before, though, Schiff is right once again. Here Jim Jubak reports the "breaking news" that Schiff suggested a few months ago by saying

The official inflation number is so misleading that it played a huge role in creating the tech stock bubble that broke in March 2000 and in the leverage bubble that broke in 2007.

Still, though, Peter gets no love.

Wow, Fred!

A good friend sent this video to me this past weekend and I was astounded at Fred Thompson on the bailout. I will say, however, that it seems the blame is being laid on the liberal politicians as opposed to the so-called conservatives. Still it is extremely entertaining.



Thanks Nate.