Peter Schiff: Keep the baby panda alive during Government Shutdown

As the government creeps closer to a potential shutdown next week, party unity is beginning to fracture among Republicans on Capitol Hill. Sen. Bob Corker (R-Tenn.) spoke on the Senate floor on Thursday, criticizing his fellow Republican senators Ted Cruz from Texas and Mike Lee from Utah for grandstanding and delaying the votes necessary to avert a government shutdown. Despite Cruz's and Lee's tactics, Friday afternoon the Senate passed its plan to keep the government - and Obamacare - funded. Now House Republicans face a choice by this Monday: Cave on Obamacare and accept the Senate's bill to keep the government funded or dig their heels in and stand firm on defunding Obamacare, plunging the government into a shutdown. And once the government funding is figured out, Congress then faces a fight over raising the debt ceiling. RT's Sam Sacks talks to Peter Schiff, CEO and chief global strategist at Euro Pacific Capital, about the current congressional debates.

1 comment:

  1. That last comment was stupid and not worthy of his position what it comes down to is spending that is waste and all the money paid to these dictators we put in power to do our bidding. Keep them in line and then there is the billions and trillions no one knows (heehee) where it went. That should do a lot. That is just the beginning.


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