Schiff: Confiscatory taxation is coming

By YouTube/PeterSchiff / July 20, 2010 / marketsanity.com / Article Link

Gold passes $1800 and reaches all time highs in every currency in the world except the US dollar.China may cut US from trade. China propping up US dollar so US may not be able to buy from anyone soon.600 financial firms took forgivable PPP loans.Entrepreneurs created the middle class.Biden wants equal outcomes, not equal treatment.Estate Tax is unconstitutional.Big tax hikes coming.

Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWeek, Time and Fortune. His broadcast credits include regular guest appearances on CNBC, Fox Business, CNN, MSNBC, and Fox News Channel, as well as hosting his own weekly radio show, Wall Street Unspun. He's also the author of the bestselling books: Crash Proof 2.0, The Little Book of Bull Moves in Bear Markets:, and The Real Crash: America's Coming Bankruptcy - How to Save Yourself and Your Country.

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