Lucille
01-23-2009, 04:46 PM
Peter Schiff: Let the Housing Market Crash (http://www.usnews.com/blogs/the-home-front/2009/1/23/peter-schiff-let-the-housing-market-crash.html)
Earlier this week, I chatted with Peter Schiff, the president of Euro Pacific Capital. Schiff, a notorious bear, argued that the government's response (http://www.usnews.com/blogs/the-home-front/2009/1/16/how-barack-obamas-bailout-may-differ-from-henry-paulsons.html) to the housing crisis has only made matters worse and that the best way to help the market would be to let home prices fall further (http://www.usnews.com/blogs/the-home-front/2009/1/15/americas-top-25-home-foreclosure-cities.html). Some excerpts from the interview:
Click the link! The more hits that page gets, the more they'll interview him.
Earlier this week, I chatted with Peter Schiff, the president of Euro Pacific Capital. Schiff, a notorious bear, argued that the government's response (http://www.usnews.com/blogs/the-home-front/2009/1/16/how-barack-obamas-bailout-may-differ-from-henry-paulsons.html) to the housing crisis has only made matters worse and that the best way to help the market would be to let home prices fall further (http://www.usnews.com/blogs/the-home-front/2009/1/15/americas-top-25-home-foreclosure-cities.html). Some excerpts from the interview:
Click the link! The more hits that page gets, the more they'll interview him.