Wednesday, March 7, 2012

Video: Peter Schiff, The Schiff Report, March 5. 2012

For the latest Peter Schiff, go to http://PeterSchiffBlog.com -
Last week we had both the Obama administration and Romney coming out with a new tax code. Obama wants to lower the corporate tax to 28%, but he wants to raise the dividend tax on individuals from 15% to 39%.

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Breaking US Dollar Collapse News

What's Behind the Decline of the US Dollar?

This is one the of the best and simplest explanations we have seen:
The U.S. dollar's downward slide is accelerating as low interest rates, inflation concerns and the massive federal budget deficit undermine the currency. - Wall Street Journal, April 23, 2011
Interestingly, the Federal Reserve is responsible for, or an active participant in all three of these factors.