August 2014

On June 30, U.S. authorities announced a stunning $9 billion fine on French bank BNP Paribas for violations of financial sanctions laws that the United States had imposed on Iran, Sudan and Cuba. In essence, BNP had surreptitiously conducted business with countries that the United States had sought to isolate diplomatically (sometimes unilaterally in the […]

Posted by Peter Schiff on 08/06/2014 at 5:12 PM During my Senate campaign, I gave away some of my dad’s books to my supporters, and one that I really liked as a kid was “The Kingdom of Moltz”.The book was originally a chapter in my father’s book, “The Biggest Con”. The story was a fable, much like “How an Economy