Knight's Pick 11-16-2008

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kmoney

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It appears that Schiff does not understand where money comes from. Like so many people, from the masses to so-called experts, he thinks the government just creates money from thin air.
Didn't you used to believe that?
 

Nathon Detroit

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There is much I disagree with on Schiff. His position on the automakers is one of them. He argues that fire sale prices and globally competitive wages will result in a more efficient auto industry, and suggests that people don't want the products that the big three are manufacturing. That's all nonsense!
Nonsense??? Really? I think he is dead on!
 
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