Sunday, January 18, 2009

Mr. Schiff is Making Sense

In a video over at The Wall Street Journal, Peter Schiff makes several good points, two of them being: people need to spend less rather than more, and government needs to stop bailing out companies run incompetently and let those companies that are doing well expand by picking up the gap left in the market.

Can you imagine Jesus telling the parable of the talents with the poor manager gaining the praise and greater responsibility? Can you imagine telling a family drowning in debt that the way out is to keep spending? That's just what our government is doing.

We are in so much trouble.