Peter Schiff, The Humpty Dumpty Economy

Yesterday’s commentary by Peter Schiff is a must read. In “The Humpty Dumpty Economy“, Schiff suggests that Treasury Secretary Henry Paulsen is both a liar and incompetent. He explains the moral hazard, or unintended consequences of all this new regulation. Before the current economic crisis became apparent to all, the most popular fable used to describe America’s uncanny economic resiliency was the story of Goldilocks. It was argued that our economy was skipping down a sunny path of moderate

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