Thank God for Peter Schiff. Here, Schiff attempts to explain to a disrespectful host on CNBC that the stock boom of late is not an indicator of real recovery. Rather, it is a bear market rally. (Thanks to LRC for the link)
YAL in Action
Check out YAL activities on campus and updates from around the liberty movement.
The top headline on the CNBC home page announces that the Federal Reserve would be forced to close were it fully audited as called for in Congressman Ron Paul’s H.R. 1207, “Federal Reserve Transparency Act,” which currently has over 200 cosponsors in the House. CNBC spoke with Jim Grant, who edits Grant’s Interest Rate Observer: …