Peter Schiff is a media mouthpiece on economics often talking on his syndicated program about how the massive debt of the government is killing the economy. He was talking recently about Donald Trumps assertion that this country has too much debt and needs to talk to the creditors about restructuring it as Mr. Trump appeared on CNBC. Schiff gleefully spoke about how a haircut would need to be given to the creditors since we are as broke as Puerto Rico, but once again political-economical theorists such as Peter Schiff refuse to indulge their audiences the reason we are in such massive debt is because of the massive reserves of cashed stashed by American corporations overseas.
you can not get blood from a turnip and the Chinese and other foreigners long taking advantage of our banking system will just have to learn that their money and intriguing influence of our politics and economy is coming to an end. as far as our wealth hoarders, confiscation of this money is needed as if this money was returned taxed and invested then there would not be a debt problem. this is something you will never hear this knucklehead be truthful about to his few hundred radio listeners . 
The piece of shit Schiff will continue to go on television give his propaganda about the liquidity and easy money policies of the fed that are needed because the rich and powerful sit on money and refuse to invest back into the economy instead choosing to park it in off-shore accounts because they are so fucking greedy. Peter Schiff is no Donald Trump as he failed miserable in the world of politics blowing his money into a race some man moons ago and getting the yellow knocked out from his teeth. Schiff is a nobody and is no Donald Trump and has this blog constantly points out is nothing but a piece of..you know.
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