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February 23, 2009

New Article on Seeking Alpha

New Peter Schiff article entitled Predatory Legislators now available on Seeking Alpha.

The article ends with this note:

"If foreigners were to cut us off, there would be some immediate pain, but tough love is exactly what we need right now. Forcing Americans to live within their means, particularly the U.S. government, will be just as beneficial to the long-term health of our economy as similar restraint would have been had it been exercised by mortgage lenders. It's too bad so few of us seem capable of making this connection, or learning anything from the mistakes of the past – even when the ink in the history books has barely dried." Peter Schiff in Seeking Alpha, Febrruary 23.
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