Video: Peter Schiff's Full Testimony Before Congress on the Economy and Job Creation

If you haven't yet watched the full video of Peter Schiff's testimony before the Congressional Committee of Oversight & Reform's Sub-Committee on Regulatory Affairs & Fiscal Oversight, the following version on YouTube is one of the most thorough and precisely edited offerings of Schiff's excellent testimony:

Peter David Schiff is an American investment broker, author, and financial commentator. President and chief global strategist of Euro Pacific Capital Inc., a broker-dealer based in Westport, Connecticut; Schiff supports the Austrian business cycle theory, a theory which proposes that market regulatory and monetary manipulation is a fundamental tool for the misappropriation of investment capital.

He is known for his bearish views on the dollar and dollar denominated assets, while bullish on investment in tangible assets, as well as foreign stocks and currencies.

Wes Messamore,
Editor in Chief, THL
Articles | Author's Page

Thomas Sowell Returns

By: Thomas Winslow Hazlett Reason

Tax Bill Is Beginning of Formal Debt Criminalization

The noose is tightening on liberty. The United States Congress is steadily headed to a place where those who owe money to the US government shall be treated criminally. This phenomenon is advancing domestically and now, increasingly, internationally. The first shot in this latest campaign took place in 2010 when US President Barack Obama signed into law The Foreign Account Tax Compliance Act. It demanded, basically, that foreign banks withhold up to 30 percent of the income that an American abroad might earn. This bill isn't working so well because overseas banks are not cooperating (a state of affairs that was certainly expected). Thus, there is a need for something else: Senate Bill 1813, recently introduced by Senator Barbara Boxer (D-CA). This bill, in part, states that taxpayers with unpaid taxes over US$50,000 may find their passports confiscated. This isn't criminal per se, but the IRS has recently made noises about "sharing" information with police a...

Why Libertarianism Is So Dangerous (video)

A former libertarian abandons his dream of a voluntary world and explains the potential worse case scenario after the overnight disappearance of government. The ending will SHOCK you! Via: School Sucks Project . Fist bump: Anthony Gregory .

The Humble Libertarian original

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