Peter Schiff Speaks for 1 % at Occupy Wall Road
Final week, Motive.television adopted funding guru, radio present host, and unflappable defender of capitalism Peter Schiff as he spent three hours among the many Occupy Wall Road protesters in Manhattan’s Zuccotti Park.
An unapologetic member of “the 1 %,” Schiff argued with all comers for the higher a part of a day.
Schiff isn’t any unusual observer. Because the prinicipal of the monetary agency Euro Pacific Capital, he is a full-fledged and unapologetic member of “the 1 %.” As an outspoken radio present host and commentator, he not solely predicted the housing crash and monetary disaster, he railed financial institution and auto-sector bailouts as they have been occurring. Schiff believes that capitalism affords is the one hope for younger, pissed off folks to have a vibrant and affluent future. So he went to Occupy Wall Road to have interaction and debate the protesters.
Touring the Occupy Wall Road scene in New York with an indication that learn “I Am the 1%, Let’s Discuss,” Schiff spent greater than three hours on the scene, explaining the distinction between cronyism and capitalism, bailouts and steadiness sheets, and extra.
“The regulation we wish is the market,” stated Schiff. “That is what works.”
Schiff describes himself as “sympathetic” to the plight of the OWS protesters, however thinks their anger is misdirected at legit enterprise pursuits and must be higher on the White Home, Congress, the Federal Reserve, and the crony capitalists they’ve bailed out.
Take a look at Schiff’s Euro Pacific Capital at www.europac.web
Hearken to his radio present on-line at www.schiffradio.com
Purchase his newest e-book, How an Economic system Grows and Why it Crashes, at http://www.amazon.com/How-Economic system-Grows-Why-Crashes/dp/047052670X
Produced by Anthony L. Fisher. Digicam by Nathan Chaffetz.
Runs about 19 minutes. Go to Motive.television for downloadable variations of our movies and subscribe to Motive.television’s YouTube channel for computerized notification when new materials goes reside on-line.
For a two-minute model, go to http://www.youtube.com/watch?v=vZr9c1zYaOE
For Motive’s protection of the Occupy motion in New York, Washington, D.C., Los Angeles, and elsewhere, go to http://motive.com/subjects/occupy-wall-street
Here is a playlist of Motive.television’s all the time increasing video protection of the Occupy motion: http://www.youtube.com/person/ReasonTV#grid/person/3E65B192ADEB84BD