Peter Schiff On Obamanomics: “There Are Not Enough Open Minds In The Capitol To Keep This Ship From Sinking”

Peter Schiff wraps his congressional testimony on the Obama jobs plan, which was one of the most memorable such Congressional hearings on the topic to date, with the following letter of caution to all Americans. To wit: “I don’t think those few open minds in the Capitol are going to be enough to keep this ship from sinking. There just isn’t enough time or a strong enough will for reform from the American people. That is why it is so important for you to act individually to protect yourself and your family from the new age of stagflation. Please take the time to view my testimony, understand the problems we face, and align your investments accordingly.“ We urge anyone who has not watched Peter’s testimony yet to do so below.

From Peter Schiff:

Dear Friends and Supporters,

As many of you know, last week I was invited to Washington to testify in front of the House of Representatives Subcommittee on Government Reform and Stimulus Oversight. For that, we can thank Subcommittee Chairman Jim Jordan (R-OH).

The subject of the hearing was job creation in the United States – specifically, what the government can and can’t do to boost employment. While many people have asked me in the last few days why I even bothered to participate, I think it was a valuable experience. I don’t expect that anything I said will make an immediate impact on policy, but at least some of my opinions got a fair hearing in the halls of power.

After the testimony, I did have a few one-on-one meetings with open-minded Congressmen from both sides of the aisle. Maybe they were just being polite, but they had no obligation to talk to me, or even invite me, in the first place. So, I thank them for the opportunity.

Still, I don’t think those few open minds in the Capitol are going to be enough to keep this ship from sinking. There just isn’t enough time or a strong enough will for reform from the American people.

That is why it is so important for you to act individually to protect yourself and your family from the new age of stagflation. Please take the time to view my testimony, understand the problems we face, and align your investments accordingly.

 

For a 22-minute version with just the highlights of my remarks and exchanges with the Committee, see below:

http://www.youtube.com/watch?v=_BHLguFEN3M&feature=player_embedded

Jason Rink is the Editor-in-Chief of The Liberty Voice. Executive Director of the Foundation for a Free Society. He is the producer and director of Nullification: The Rightful Remedy, and the author of “Ron Paul: Father of the Tea Party” the biography of Congressman Ron Paul. See more of his work at his writing at JasonRink.com and his film production work at FoundationMedia.org.

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