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Europac.net (Peter Schiff) advocates 'Bailout?' (UPDATE w VIDEO)

Written by Subject: Economy - Economics USA
(BREAKING NEWS)
(DVR rewind and video camera recording to get this out ASAP)

"John", formerly of Morgan Stanley, was representing EuroPac.net (Peter Schiff) on CNBC saying how great Bernanke and Paulson were and that the US Government should become major shareholders in the failing banks (as long as they aren't 'nationalized').
WTF?
 
I'll get this segment up as soon as I can. I'm certain not to be the only one to notice. And I need to hear what Peter Schiff has to say about what was said with his company's logo in the picture the whole time.

Sep 24, 2008 "Lord" John Browne
Senior Market Strategist
Euro Pacific Capital, Inc.
1 800-727-7922
email: jbrowne@europac.net
website: www.europac.net
John Browne is the Senior Market Strategist for Euro Pacific Capital, Inc. Mr. Browne is a distinguished former member of Britain's Parliament who served on the Treasury Select Committee, as Chairman of the Conservative Small Business Committee, and as a close associate of then-Prime Minister Margaret Thatcher. Among his many notable assignments, John served as a principal advisor to Mrs. Thatcher's government on issues related to the Soviet Union, and was the first to convince Thatcher of the growing stature of then Agriculture Minister Mikhail Gorbachev. As a partial result of Browne's advocacy, Thatcher famously pronounced that Gorbachev was a man the West "could do business with." A graduate of the Royal Military Academy Sandhurst, Britain's version of West Point and retired British army major, John served as a pilot, parachutist, and communications specialist in the elite Grenadiers of the Royal Guard.
 
In addition to careers in British politics and the military, John has a significant background, spanning some 37 years, in finance and business. After graduating from the Harvard Business School, John joined the New York firm of Morgan Stanley & Co as an investment banker. He has also worked with such firms as Barclays Bank and Citigroup. During his career he has served on the boards of numerous banks and international corporations, with a special interest in venture capital. He is a frequent guest on CNBC's Kudlow & Co. and the former editor of NewsMax Media's Financial Intelligence Report and Moneynews.com. He holds FINRA series 7 & 63 licenses.

 

1 Comments in Response to

Comment by Brock Lorber
Entered on:
This afternoon, Ernie asked me to look at this video, thinking he was missing something. I hate to agree with these two gentlemen that, yes, banks will be nationalized around the world (still this week? this weekend?). However, I cannot stress enough that this is a manufactured crisis.

Actually, manufactured may be too strong a word. It would be better, I suppose, to say those that stand to gain the most of this bad situation are manufacturing the crisis. The gloves are off, the teeth are out, and it**Q**s every man for himself.

I would suggest that any last ties you have to collectivism be shed and you act fiercely in defense of **QQ**my, me, mine**QQ**. No one else will.


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