More good commentary from Schiff. I especially liked what he had to say about the CNBC's of the world because it hits the nail on the head. I believe, if I remember correctly, that it was Schiff and the Joe Battipaglia and Stefan Abrams were the ones who were speaking out about just how bad things are and just how bad things were going to get. And this was from before the Magical Stimulus Plan from Bush. Of course the other idiots with their own agendas or lack of talent would shout them down and belittle them on air. "Crazy" and "Doom and Gloomers" were what they were called.
I guess they weren't so crazy now. But Schiffs point about the media trying to warp and brainwash the viewers into thinking this crisis/depression/recession was a sudden thing no one saw coming. It's true, watch any "news" station or business station, all the same.
