Peter Schiff Speaks for 1 % at Occupy Wall Road

Peter Schiff Speaks for 1 % at Occupy Wall Road
Peter Schiff Speaks for 1 Percent at Occupy Wall Street

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

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26 thoughts on “Peter Schiff Speaks for 1 % at Occupy Wall Road

  1. HELLO OCCUPY PSYCHIC COMPUTERS I KNOW YOUR READING THIS PLACE YOUR BETS WHO THINKS HJOSHUA WILL GET CAUGHT EATING JELLY BEANS IN GARBERVILLE ………PLACE YOUR BETS WHOSE READING THIS WHOSE GOT TRAILER WIT HLEGO MAZINES ….COLLECT YOUR ONE TRILLION DOLALRS T OAL LOCCUPY WOMEN WHO TOO KSHOWERS AND SOLD THSOE VIDEOS OF OCCUPY SHOWERS T OSTART ANOTHR REVOLUTION

  2. Woman – "I'm in the 1% and you make us look bad"

    Schiff – "How much do you pay in taxes?"

    Woman – "10%"

    Ladies and Gentlemen… this woman is not in the 1%. LMAO. She is delusional!

  3. Hero defender Derek Brown asks Schiff to set a limit on his wealth at $50 million but Schiff wants more saying we are all greedy. I bet 99% of us would take the $50 million with the proviso that we could not increase our wealth further but not the 1%, they want it all.

  4. Leftists can't win because their ideology is inherently self-contradictory. They want people to have control over their own labor. Well if you control your own labor you are free to sell it which is capitalism. So leftists must restrict the ability of ones control over their own labor under the guise that it is owned by the 'collective' for the greater good. The collective of course is controlled by the vanguard, a small group of party officials. This vanguard party is therefore in control of the labor of everyone and the economy itself. To maintain this control requires an ever increasing level of authoritarianism which is why throughout history leftist countries always fall victim to tyrannical governments. It's not a bug of the ideology, it's hidden feature.

  5. 90% of the lefts criticism are just quips or catchphrases they heard from late night TV shows that don't hold true in a vast majority of cases. For example I'm against increasing taxes for everyone, rich or poor, because the government just flushes that money away and you get almost nothing in return for it. That's my reasoning but even if I explain that to a leftist it will go in one ear and out the other and their programming will execute the 'temporary embarrassed millionaire' catchphrase.

    Another example is abortion. I'm pro-choice to a certain point but I understand were people who are pro-life are coming from. They believe that life begins at conception so abortion is akin to murder. They explain they are against abortion because they are against the murder of unborn children. Pretty easy to understand and empathize with that right? Not in the case of a leftist. Once again this logic goes in one ear and out the other, all they catch is the keyword 'pro-life' which triggers the 'You just want to control women's bodies' quip. Nothing is reasoned, it's all just regurgitated pre-programmed responses.

  6. If there wasn't capitalism, these people literally wouldn't have clothes and shoes and food and drinks, etc. This is insane; how can you be mad at the companies that make our food and our clothes and everything else that we need?

  7. The preachy black kid at the beginning is not able to realize that his own 'greed' is why he thinks he's so entitled to the wealth of people like Schiff.

    *Oh fuck, I just realized there's another preachy kid a few minutes later, and he's much worse 😆

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