Monday, December 29, 2008

Mein Herren: Schiff und Rogers

Peter Schiff in the Wall Street Journal

Jim Rogers on Bloomberg News



China and The United States joined at the hip...



U.S. Treasury Secretary, Henry Paulson, "One lesson that I have clearly learned,” said Mr. Paulson, sitting beneath his Chinese watercolor, “You don’t get dramatic change, or reform, or action unless there is a crisis.”

Our treasury secretary's words validate Naomi Klein's thesis and book "The Shock Doctrine". It talks about how the government uses these crises to implement measures that would never go through otherwise. Can anyone say Patriot Act or Banker Bailout?

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