Wednesday, September 24, 2008

CNN: NOTED ECONOMIST ADVISES AMERICANS TO BEGIN REMOVING MONEY FROM BANKS; INVEST IN FOREIGN CURRENCY











Last week on Anderson Cooper's AC360, noted economist Peter Schiff ridiculed the 700 billion dollar "band aid" that is being rushed through Congress and scolded the U.S. government for lying to it's citizens about the current recession. He says that the remedies presented to fix the nation's current economic crisis will turn the U.S. dollar into "confetti." He advised Americans to start removing their dollars from money market accounts and bank accounts and invest in diamonds, gold and foreign currency.

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