Even a broken clock is right twice a day. Peter David Schiff is an American businessman, investment broker, author and financial commentator. Schiff is CEO and chief global strategist of Euro Pacific Capital Inc., a broker-dealer based in Westport, Connecticut.
Kneale to Feds: Stay Out of Mortgage Mess
I should have listened to her. Cut to early 2008, brunch at the self-consciously hip Coffee Shop in Manhattan, where the wait staff waits to be discovered by Hollywood, fashion or the next reality TV show. April Charney, a legal-aid lawyer for defaulting homeowners in Jacksonville, Fla., is talking in ominous, apocalyptic tones about the […]
Cisco’s Stimulus Plan Won’t Cost You One Dollar
Just spoke to Cisco chief executive John Chambers here at CNBC headquarters, and he has a new stimulus plan for America—one guaranteed to create hundreds of billions of dollars in cash flow without costing the taxpayer a single dollar in new spending. The Obama administration wants to “crack down” on tax loopholes to skim a […]
Obama in Stem Cell Straits
President Obama faces a messy political fight over the federal court ruling striking down his new, looser policy letting federal grant money pay for stem cell research involving “destroyed” embryos. Obama hands a juicy moral issue to the Republicans if he does the right thing and pushes for Congress to rewrite a 1996 law banning […]