CNN cuts off Peter Schiff in 2008 after blaming the Fed and criticizing bailouts. “Ah man, that sucks.”

Uploaded on Dec 2, 2008

Peter continues his ongoing rant against stimulus packages, bailouts and increased government debt. Peter goes on to say, once again, that saving is the prudent action at this time, continued spending will result in the propping up of these failing companies.

CNN claims to lose the signal and the interview ends prematurely.

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  • Jason Calley

    If I may sum up what Peter Schiff says (and he is correct): “There is no cure for a recession. The recession IS the cure.”