Schiff said Obama believes the only reason "socialism hasn't worked in the past is that the wrong people were in charge," as he urged the crowd to back him in his race for the Republican nomination. He said he will cut government spending if he is elected to Congress.
"There is only one way I know of doing it and that is sending me there as your senator," Schiff said.
in Greenwich Time
Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.