Tuesday, December 22, 2009

Peter Schiff: Interest rates, death tax, health care



The Duke starts off by explaining why 10-year US Treasuries are beginning to yield more and more, as inflation rises.

He then expands on his earlier thoughts on why death taxes are so bad, and why supporting them is nothing more than envy.

He concludes with a description of how the US health insurance industry is going to be brought to its knees, once again via the politics of envy, and why the US health industry will fall apart once all of Obama's health plans start coming on stream.

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