Peter Schiff talks about the effects of Obama on economy

[beachguy in thongs]

"Indeed bank bailouts are ridiculous, and Obama supports them."

- indeed he does, and mccain supports them too...if ron paul was in charge, he'd put us on the gold standard and then we'd be even more screwed

And, if Nader were in charge, he'd place a 1% tax on Wall Street derivatives. Why isn't that happening? Why does our tax money have to be a replacement?

1%, in one year, would be $500,000. I thought that was brilliant. Make them pay taxes to pay for their own bailout, instead of making us pay higher taxes. We pay taxes on everything we buy. Why can't Joseph Freakin Schlemmosheph pay a tax when he buys stock in Korea?