SCHIFF: 'Banks Are Just A Few Rate Hikes From Insolvency'The Daily Bail
Mar. 19, 2013
1.WATCH: Germans Shut Down Leftist Minister's Pro-Migrant Speech & Chase Him Down In The Streets
2.WATCH: Trump Supporter Calls "Lyin' Ted" a Liar to His Face, Cruz Responds by Lying to Him
3.WATCH: Mexican Kids At Anti-Trump Protest Scream "F*ck You" & Flick Off Trump Supporters
4.Russians Blow Up Illegal Muslim Prayer Hall After Finding Explosives Inside
5.VIDEO: Crazed Feminists Harass Man For Filming "Whiteness History Month" Presentation
6.Trump Pulls Ahead of Hillary in New National Poll
7.ADL Targets Trump: Saying "America First" is Anti-Semitic
8.German Solution to Rapefugee Crisis: Ban Display Ads With 'Sexy' Women
Great clip. Schiff battles CNBC bank bailout drones.
Peter Schiff on Closing Bell this afternoon. Start watching right at 1:00. Other guests are Jason Pride of Glenmede, and Hank Smith of Haverford Investments.
One of the buy-side tools exclaims:
I think everyone agrees TARP saved the banking system.Schiff responds:
The banks are in the worst shape they've even been. They are a just a few interest rate hikes from insolvency.Maria Buffoonromo and a few other idiots talking book. Schiff goes off, and Maria, ever the financial media protector of JPMorgan et al., gets killed. It's more of the same, but the true colors come out for a few minutes. (Hat tip to Josie)