@robinsl27 It's great, they grabbed the most hostile parts and ignored the parts where he had everyone agreeing with him and understanding his point about government.
I know that people claim that the rich "don't need" the extra wealth (which is why they should pay more) but where in the Constitution does it say the government has the right to confiscate excess? With that kind of right, the government could take wealth from almost all classes. We don't need cable, internet, cars, air conditioning, but as a free society it's not the government's business to worry about such things.
As a country, I think we really shouldn't be having this conversation. The government is forcing us to attack each other on taxes because everybody is being taxed too high already mostly through inflation, and they want more. This is what happens when a country over extends itself on credit, then pledge their own tax payers as collateral to foreigners. If they don't DRASTICALLY cut spending, lower taxes and let prices fall, a Tea Party or OWS will be the least of this countries troubles.
God that woman is an idiotic shrew. "Well what does your secretary pay?" She hears one incredibly misleading Buffet quote and actually thinks his secretary must pay more than 50% of her taxes. Peter Schiff is doing way more for the country than any of these people.
Maybe Obama shouldn't be granting loans to European Countries to help fix their economies while ours is still in a shit hole... Did you OWS people ever think about that? Maybe then we wouldn't be $15 trillion in debt and our government could use that money to create jobs.
"what are you driving (Peter)... they don't have a car" -the lady WOW! Ya, I don't own a house, so what's your point? If this lady has a house, does she owe me the right to live with her???? True definition of a society on the decline. You want something, you go out and get it through hard work, lady. What happened to our work ethics? When did this entitlement program get brainwashed in our heads? Peter started a business will extreme time, effort, money in hopes that it will succeed.
@tonyg0123 I really want an airplane. I've always been partial to the old DC-3's. I'd also like to be an inch taller while I'm waiting for my airplane to be delivered.
Some of these people need to sit down and enjoy a feast because Peter Schiff is roasting on their asses......I rather believe what he is saying than what someof these other people are saying...any day.
@mikerowphone ummm wtf founding fathers set out rules for corps? Can't expect anything ridiculous from an American. They set out rules to protect liberty and freedom nothing else.
@mikerowphone no i support free-market capitalism where market determines whether the banks fail or not. The moment you put anything about founding fathers and government regulations on the market together regardless of what sector it is means you don't know anything about the constitution.
I love their ignorance. Politicians are openly doing insider trading at this very point. There was a whole leak of this recently.
Not only do they excuse politicians, the only ones we have direct control over. They also are not holding them responsible for taking bribes from lobbyists and the cronyism between them and wall street.
Instead, they are whining about private citizens' ethics. Most thought that Bill Clinton's ethics were totally acceptable for someone in the highest US position.
(contin) they can't realistically pay off anytime soon. With them owning us debt, we make them agree to allow colonial-style sweat-shop etc businesses to come in their countries.These industries work against healthy local economies, keeping these countries in poverty, inescapable (without a revolt.) When people revolt/ try to unionize, we send in the CIA, or, in Latin A., leave it to SOA/WHISC trained death squads. Watch "The End of Poverty" free on Youtube. It is time for a REVOLT in the USA
Our government failed us with the recession. The recession wasn't a surprise, there were problems before it as the result of regulations, put in after the Great Depression, that were removed. Explanation :youtube.com / watch?feature=player_embedded&v=wK1MOMKZ8BI
@mikerowphone Hmmm regulate more? Okay ii will move my company overseas where there is fewer regulations so i can be more competitive. Fire all my domestic employees and just say the stupid government gave so much regulations that if i continue, it would be so costly that i would be bankrupted. Use your head buddy.
@zen5678 Good riddance to you, and don't let the door hit you on the way out. Or are you yet another economic chickenhawk, ready to talk the talk but not walk the walk?
@HWingo Yes. How is that possible that US a once mighty economic superpower is now in massive debt and has a generation of joblessness despite having more regulations yearly.
This guy is awesome - he had the guts to go out there and meet the 99%. Unfortunately, the 99% were represented by a woman who does not have enough manners to realize that conversations are between two people - you talk, then I get to talk. Does Peter make a lot of money? Yes. Does he pay a lot of taxes? Yes. Do we need a real conversation about the responsibility of the "haves" towards the "have nots"? Yes. But is isn't going to happen until we have civility on both sides.
@blehman18066 There is no civil way to rob someone, in order for that business model to work you need your victim to be on the ground in a fetal position. I think that is what OWS is going for..
@blehman18066 he did have some balls for that. What pissed me off is that bitch was caught up in that he said he was the 1% so she automatically jumped to the conclusions that he wanted them dead or something. what an idiot
@mikerowphone it comes as a result of supply increases. human demand is infinite. the more supply rises to meet our insatiable demand, the better our standard of living.
If someone tried to get me to sign a "social contract," as a 99%er I would gladly tell them to go smoke it. Unfortunately I feel many people in this movement would forge my name, and kick me to the curb if I didn't fulfill my so-called end of the bargain.
@mikerowphone Economy builded up only on consumer consumption will fail. You need to produce and sell it not only to your own people, but also abroad - what about US trade deficits? What is the point of borrowing money to consume goods produced abroad? Growth MUST be based on SAVINGS! You cannot consume on credit for ever...
@mikerowphone Yeah, and thats why he was alarming all people around via all possible communication channels about bitter end of this monetary policy - he started in 2004, in times when 99% of 99% was enjoying easy life on credit ...
While plenty of what Schiff proposes elsewhere is BS, he's right here, and he has huge balls for stepping out there and like this.
Most of these protesters are barking up the wrong tree and have little idea what they are talking about. It's not the 1% of rich people that are the problem. It's the .01% of the rich that bribe and collude with politicians and have warped the system through campaign donations, lobbying and other personal favors. That's what the "99ers" should be protesting.
lol this is great I think we need to take a bottle of rum and throw it of a cliff protest over.Or we can ERIC CARTMAN He's the man when it comes to these people. I hope they leave them camp and they all freeze to death it's winter and these people are the skum of the world and prob better of dead anyway
Beautiful. Truth is always a smackdown for liberals! They don't know what to do with it - all they want to do is shout their talking point schpiel, like they are vomiting out other people's thoughts and can't stop until they're emptied. Schiff actually thinks and talks like an intelligent human. That's why he can emplo
y 150 people and pay more in taxes than the entire crowd, and all they can do is complain and demand more even though they don' t produce!
I love when she says "you should want to share your success" hahahahahah
And he's the seflish one? She's basicaly saying hey you worked hard got an education and succeeded and theres hippies out there who are lazy and they deserve to live off of your hard earned money. Let me tell you something they already live off of every single pay check I earn you dumb bitch
How hilarious is this? Schiff is laying it on them! The clowns around him don't know shit or how to respond. Funny. What a circus! My hat is off to Mr. Schiff.
you guys type these words into google search " 21 States Declare Sovereignty " or go to the other peter schiff video the one with the most views and you will see in the posts how we found this online article . there is more than one article and they are from reputable online sources . saying that 21 states over the last 6 years have declared sovereignty and have ceded from the united states . this isnt a joke . major news stations are not allowed to report this is happening but its online .
@Joko6865 You've got a misunderstanding how our income tax are used. Law Enforcement/Fire-Fighters are paid by local gov't/property taxes. Local schools are paid by local property taxes. Roads are paid by gasoline taxes. Everything you "use" has a user tax which is also called an "indirect tax" which is constitutional. Our federal income tax on our wages and labor pays the interests and debt that we borrow from the Fed which is a private bank btw. Look up Reagan's Grace Commission for more info
@Joko6865 BTW, please go to usdebtclock(d0t)org and check out the "unfunded liabilities". We are currently over $116 trillion dollars. So whenever you ask the government for something, you need to first ask... "WHO's GONNA PAY FOR IT?". When you raise the tax on the "rich", it won't even cover half of the deficit. But what it will do is further shrink the taxpayer base because more workers will surely be laid off with increased taxes on employers.
@Joko6865 Basic education is provided thru local property tax, since college is a choice, the people aren't responsible. When you ask gov't to do something, they have to steal that $ from the people. Dept of Education don't produce anything. Most College and Universities loves student loans, because they base the amount they can charge you on how much gov't loan you can get. That's why there's $1T of student loans debt, lower quality of education, and no jobs.
@Joko6865 First you need to split capitalism and crony-capitalism. If Apple makes a good product, they should be rich. If another company hires a bunch of lobbyists to get legislators to pass regulations in their favor or to wipe out competitions, its crony-capitalism and those companies deserve to go to hell. Greed and all that doesn't matter, everyone works for their own benefits, but those who cheat and rip us off should be responsible and taxed to the max.
We don't live in a socialist state. Everyone has the same rights to be as successful as they can make themselves. I struggle from paycheck to paycheck, but I could care less what othe people make. I am responsible for me and my family only. All you OWS whiners need to buck up and focus on your own life. Don't be angry at someone else's success. Go out and make your own! Deal with what you've been dealt. I know I am!
NO! The protesters do not want redistribution of the wealth. We want to END THE FED! And we want all of the corporate bigwigs dethroned. The end for these greedy pigs is near. OWS! END THE FED!
I don't want Schiff to pay more taxes....I want his salary to be capped off at $100,000. That is plenty for his greedy ass to live off. CEO salary is unjustified. As for more taxes...taxes only go to pay the debt that the Federal Reserve Bank started in the first place. OFF WITH THEIR HEADS!!
This man is great! These protestors want handouts and nothing more. The 1% are different. They think and act differently then the majority. Nothing is too difficult to overcome and no obe can hold them back. They will work long hours, endure critisism, and scratch and claw there way to the top. These 1% should protest that there arent better employees available. guess 99% want something for nothing!
Peter is right about 90% of the time. But he keeps saying gold somehow is money per the Constitution?? BS. Peter has gold on his brain. Get off it Peter... In the mean time, there is another guy who just published a book on what everyone who is being taken advantage of can do to get back in the game after having their clocks cleaned... "Money Slaves And Cool Aid"... Get - The - Book dot com (solve the riddle and learn what to do). Good luck pounding it through their thick skulls Peter.
@Inwarwetrustful There are a lot of ideologies to study, but capitalism is one that does offer a lot of choices to people in the long run. The fact is, you or I (especially you since you haven't already wasted your college years on a Language degree) could enter a STEM field and study the things both employers desire no matter the state of the economy and that afford us the chance to start our own business with what we've learned--both about our field and from other intelligent people therein.
lol Peter Schiff is spot on. He has f-cking balls for going into that mob. Soon enough...as we slide into a deeper depression, these masses of unemployed will become restless. As Gerald Celente say's "When the people have nothing left to lose, they lose it." The debt bomb is ticking. It has only just begun. They say that bureaucracies are inevitably socially corrupt because they fight only for their survival...what will they do next to survive? War? Taxes? Extermination?
Should I pay more? Woman: "I think we should end the Bush tax cuts." Women shouldn't have been given the right to vote.She's talking over the man & not listening nor responding to the question.She already knows it all.
When will people understand that America is a occupied country .. by the filthy rich jewish zionists .. A minority group own almost everything, every big corporation .. how the hell can a minority in a country be the richest people in that country well it goes back when Hitler got elected in Germany, Making Israel the super power that they are today has become America's downfall economicly.
Ok, I have Liberal Arts degree and I do not think the world owes me anything. I studied what I did so that I could further understand the wonders of the western tradition so as to better preserve it. (that is capitalism and Christianity/individual rights)
I would also maintain that anyone with a political science degree or a sociology degree does NOT have a liberal arts degree. They have majored in rhetoric and sophistry.
Schiff is a savvy speculator, but he makes up history about Glass–Steagall.
The Truth:
"The repeal of provisions of the Glass–Steagall Act by the Gramm–Leach–Bliley Act in 1999 effectively removed the separation that previously existed between investment banking which issued securities and commercial banks which accepted deposits. ***The deregulation also removed conflict of interest prohibitions between investment bankers serving as officers of commercial banks.***
These idiots don't even know the facts about what they are protesting, just blindly say things like end the bush tax cuts without understanding the implications of doing so. congrats lady, so far over 90,000 people have seen your ignorance.
Schiff spent around 20 minutes with these people not just the 3 shown here and most of it they spent arguing incoherently with the guy. I bet it would cost me $10K to book 20 minutes of his time to sit around and discuss finance and economics and I damn sure would not spend it arguing with him.
I can't believe I worked on this idiots campaign for US Senate. Peter Schiff is a propagandist and he is as clueless as the people he is talking to. OWS isn't about taxes. It's about corruption, but propagandists try to tell the public thats it's jealousy. If you are not yet aware of how our government has been corrupted by bankers and corporations i suggest you stop speaking and start listening.
@joejoe652 lets pretend you worked on schiffs campaign; you would realize he thinks there is corruption too but mostly on the govt/banksters side.ows has so many differing messages that you can not blame ANYONE for not getting "their" message correct. i supported the original ows idea until i realized it has been co-opted by 50 differant pov and the camps are now full of rapists and dope dealers. its not a movement anymore its a Phish concert
@KaizenSoul And who is availing themselves to these 'contributors'? And who is supposed to be in control of those availing themselves? In every scenario the government is enabling the corporations.
i agree with peter schiff here. he's a pretty big dumb-ass, BUT most of the Occupy Wall Street fuckheads do not know what they're doing either. the lack of objective in this whole thing pisses me off. yes i am against corporatism but simply protesting something as broad as "corporate greed" is retarded. and people need to stop acting like paying taxes is the same as lighting your money on fire. taxes come back around to help you and your community so stop bitching.
@Sm00thelectr0 The lefitst movement has always been about the redistributiion of wealth and the nationalization of industry. That is what the leftist movement has always been about and always will. They are just afraid to say it so they dress it up with hippie rhetoric. Google Eugene Debs, he was the father of the leftist movement in the US at the turn of the century. The leftist movement is has the same objective now as it did then..
@DiSaStaCaPiTaLisM Do you understand that you're making a blanket generalization about one half of the politcal spectrum? Anarchism is leftist, and they're not for either of those. Looks like someone is wrong.
@CackSlop666 The very idea that you can chart out political views on a one-dimensional, left-to-right line is beyond simplistic. That is why everything ends up framed in an "either-or" fallacy; "if you're against this one side, you're automatically for this other side".
Taken to it's logical conclusion, you could chart each person's opinion along a line from left to right and give them a number. "I'm 35"
Why do people who claim to be rational thinkers accept such an idiotic premise?
@DiSaStaCaPiTaLisM You're clueless about American history if you need to Google Eugene Debs. Do you have any idea what the social /economic climate was in this country when Debs was active? If so, tell me in short detail what America was like at that time. Share some of you knowledge with me my friend.
@DiSaStaCaPiTaLisM the leftist movement is definitely has an objective no question.... but the this occupy wall street thing is really broad. like when abbie hoffman decided to just "protest the vietnam war" there's a difference between activism and actually doing something than just standing around in crowds on Wall Street saying that you don't like something
@DiSaStaCaPiTaLisM I'm leftist, but I'm not about anything you just said... Neither am I for this whole #Occupy Whatever bullcrap. I'm with Peter Schiff on this one... She hardly appears to have ever missed a meal in her life and she obviously can afford nice, expensive clothes and a day off work and a trip out to Wall Street to protest... Keep in mind, I'm a poor college student that doesn't know where his next meal is coming from.. but I'm working towards being successful on my own merits
@DiSaStaCaPiTaLisM The 1% should pay more in taxes for this reason: In a pure free market, no tax economy, the rich would pay more for police/military/insurance than would the homeless person. The rich has a lot of asset to protect, where the homeless person has no asset to protect. Therefore, the rich should pay more in tax...Is this a fair statement?
@Sm00thelectr0 So if I take $200,000 from you, buy myself a $50,000 car, pay for a woman's abortion, give half of the rest to a teachers union, then pay somebody to mow your lawn, you wouldn't be pissed? because now your lawn is mowed?
@Justajawnie Because the high school down the street is still standing. Because my mom is getting medicaid. Because a road not too far from here was repaved. Any other questions? We need to get the money out of government. Stop the lobbying.
@Justajawnie Lack of state funding is failing schools. They do not get all of their money off my property taxes.
(Sorry i meant Medicare) But both are going broke because too many people are on it. But I know its regularly being taken out of my paychecks.
I don't know where you were going with the roads, of course it takes years. Isn't that a good thing? But there was just a stimulus package that my taxes went toward.
My examples were fine. It does come back. The programs are flawed.
@Justajawnie I do not work anywhere near education. That entire system is sickly flawed and I stay as far away from it as I can.
I was simply trying to prove that I know where my tax money goes. How they are used when they get there is ridiculous. I wholeheartedly agree with you there. There needs to be some major restructuring of programs.
Not to mention your way of thinking is flawed. Yes taxes comes back to the select few who actually benefit from it. But the people who dont benefit vastly outweigh the people that do.
Taxes are NOT apportioned equally and its not fair.
@Sm00thelectr0 you sound like the dumb-ass. did my taxes that went to the iraq war come back around to help me and my community? how about my tax money that went to the SEC while they let a massive ponzi scheme go uninvestigated? get a clue.
I agree with peter schiff and I don't have a problem with capatilism but I do have a problem with corporatism and that is what the issue is all about and should be about.
@elfil76 The protesters are really about nationalization of industry and the redistribution of wealth, everything else they say is just rhetoric to sugar coat what they are..
Let me ask you after that statement do you think the American Ideological system of a free market can sustain itself with the current rules, in addition do you think the world will allow their resources to be gobbled up tagged and taken from them without a fight? By world i mean THE WORLD, america has put the world in a state of fear. Is that democracy is that what you stand for as a person. Do you think its fair corporate america now makes ALLLLLL the rules not some?
Petey Schiff is in the wrong party. Yes, thanks to the help of his daddy, he will always be in the 1%, but it was Greenspan that strengthened the Fed to greater degree than any previous chairman, it was Greenspan that created the bubbles and it was Greenspan that made Wall Street rich by interjecting trillions of dollars of taxpayer-funded liquidity into its veins. As Republicans are the more corporate-friendly politicians, it is THEY who are the problem.
@itachi705 that is a flat-out lie. if that was true, why are all the rightwingers panties in a bunch? shouldn't the left-wing be hating on OWS? next time, think before you type.
If peter is the 1% why don't his decisions affect me? Oh, because he's Not! Employing a few doesn't make you the 1%. That 1% is exclusively for the most elite of bankers.He's asking all the wrong questions. The protest is about the 1% (wich are bankers) controlling the decisions in this country and the world for their own agenda.Peter despite your wealth your still part of the 99%. Your still getting nailed by the decision the bankers make. Jail to the bankers.Love and freedom to all.
If peter is the 1% why don't his decisions affect me? Oh, because he's Not! Employing a few doesn't make you the 1%. That 1% is exclusively for the most elite of bankers. This guy is asking all the wrong questions. The protest is about the 1% (wich are bankers) controlling the decisions in this country and the world for there own agenda. -peter despite your wealth your still part of the 99%. Your still getting nailed by the decision the bankers make. Jail to the bankers.Love and freedom to all.
Peter Schiff needs to be clear & help the Occupy Wall Street or 99% understand who the enemy is. The federal reserve Bank is the enemy, it is not more taxes that is needed, or social programs; it's free markets & sound money. Not Privately controlled money backed with government regulated corporatism. The people will always lose. END THE FED, GET MONEY OUT OF POLITICS!
@kamcolorado hmmm, makes you think. But then Hitler was a Jew & the illegitimate grandson of Salomon Mayer Rothschild. So, it seems the Zionists & Nazis were working together. Rothschilds have always fought on both sides of every war, why should opposing ideologies be any different? Democrat or Republican both owed by the Rothschilds. You don't get to rule the world by choosing sides, you do it by being on both sides. But their ultimate weapon is the printing press & the right to print money.
Can anyone define hard work? Who works hard? Is it the farmer who works in the field or the boss who signs papers? Don't worry I was a corporate bitch and an economist once till I realized it is backward construction.
Carl Marx's concept of communism never went through. Corrupt politicians and corporate business men capitalized on the concept of Marx and used it for profit. Money was never officially eliminated. Not that I blame anyone but that's the way it happened. All we seek is a scientific way of existence that can be sustainable. It's a win win situation for the elites, for the poor, for the plants, and animals so that we don't profit out of problems but thrive on singularity.
JUST BECAUSE YOU WORK HARD AND BECOME WEALTHY DOES NOT MEAN YOUR
''THE 1%''
TO MAKE A LONG PIONT SHORT, IF YOUR NOT ONE OF THE FEW DOZEN ELITE BANKERS YOUR NOT THE 1%. YOUR STILL PART OF THE 99% YOUR STILL GETTING SCREWD BY THE ILLEGAL DECISIONS THE REAL 1% MAKE.
YOUR DECISIONS ONLY AFFECT YOU AND THE ''FEW PEOPLE'' YOU EMPLOY. THATS WHY WE ARE AT OCCUPY WALL STREET STANDING UP AGAINST THE REAL 1%. -MAKE THAT CLEAR!
This guy is funny He's standing there lying about paying more than 35% taxes - in truth with all the loop holes created by the government compliments of the Greedy ass Republicans this guy pays close to nothing in taxes - which is what Buffet is putting out there - The 1% relies on the 99% to keep them rich - If the 99% stand in solidarity and just Boycott Corporations that are clearly unamerican and support companies that are doing the Right thing - well then this Lard ass would not be needed
@6308281 You don't have a clue as to what you are talking about. Buffet was putting out there that he pays himself via capital gains - which are taxed at 15% while his secretary is taxed at the INCOME tax rate which is higher than the capital gains tax rate.
What Buffet LIES about - and yes, he IS lying - is that that capital gains tax rate is ON TOP of the corporate tax that Berkshire Hathaway pays (his company).
You guys are still talking in terms of money? Where I come from we don't use it anymore. I declared all my cash and property as the common heritage of all the people long ago. It is resources we need. Not money. It's amazing how less people understand scientifically verifiable facts over subjective personal opinion. Economics isn't a real science anyways. I can disprove every theory right now and it can be verified scientifically. Free apples anyone. I got it from the future.
"We are now reaching a system of government where the least capable to lead are elected by the least capable of producing, and where the members of society least likely to sustain themselves are demanding to be rewarded with jobs, goods and services paid for by the confiscated wealth of a diminishing number of producers."
These communist cranks aren't angry that the economy is doing "bad", these marxist zombies are angry that the economy is capitalist!! Notice how these spoiled rotten socialist creeps are not flocking to go live in Cuba or North Korea--nations with no "corporations, bankers, wall street, blah blah" & yet those anti-capitalist states are semi-starving brutal dictatorships.
Then these left wing pressure groups & their class warfare comrade Obama receive MILLIONS from corporate foundations. HAHAHAA
this country makes me want to learn latin and move south of the equator...people in america want to be zombies or vampires, or pet-a-child's or government anarchists...no class anymore...just a few rich people, lots of beggars and hangers on...we are one of the most lost minded nations in the world, considering OUR HISTORY of "freedom, and the pursuit of happiness"...wallah
Stupid commie slag, these people need to experience a forced labor camp!
AboveDeception 4 days ago
lol, she's in the mortgage business. No wonder she doesn't get it.
TheCapitalistdog 1 week ago 2
Mr. Schiff, can I come and work for you?
ohevshalomel 1 week ago 2
I applaud this guy. Talking some sense into misguided protesters. If only they'd listen..
justinld13 2 weeks ago 2
look at all these feel-gooders,.... eww
DREwestcoast 2 weeks ago 2
Real experience. That's what he has and they don't.
ichkanns1 3 weeks ago
hold on, lemme ask you a question, hold on hold on, lemme ask you a question, hold on
caseofthefunnies 4 weeks ago
Wow. People are tards.
forthelulz87 1 month ago 2
Anderson cooper did show this part of the interview on his show.
robinsl27 1 month ago
@robinsl27 It's great, they grabbed the most hostile parts and ignored the parts where he had everyone agreeing with him and understanding his point about government.
TheScyy 3 weeks ago
The 1% are just like us, only they throw way better weddings...
sadxxwednesday 1 month ago
That woman is an idiot.... "you should want to share your success"???? EVERYONE IS OUT FOR THEMSELVES
kcozgrove 1 month ago 9
I know that people claim that the rich "don't need" the extra wealth (which is why they should pay more) but where in the Constitution does it say the government has the right to confiscate excess? With that kind of right, the government could take wealth from almost all classes. We don't need cable, internet, cars, air conditioning, but as a free society it's not the government's business to worry about such things.
kenner311 1 month ago 4
Being louder and repetitive doesn't make you smarter people I hate that let the man talk.
CamNM1991 1 month ago 5
I employ 150 people, what about you?
Best line to throw at these guys. Sounds like they want to live the same way millionaires do but work less for it.
LordKaisen 2 months ago 13
@LordKaisen Correct.
That's why Marxism is so appealing to losers--why work for your own, when you can just steal it from that successful guy?
This "99%" live in America, therefore they are the true global "1%"--yet they can't see it. Bunch of losers.
"Whaaaaaaa!!! You have money, I want it just because I exist!!!! Whhhaaaa!!!" lol
SPQRImperator 2 weeks ago
As a country, I think we really shouldn't be having this conversation. The government is forcing us to attack each other on taxes because everybody is being taxed too high already mostly through inflation, and they want more. This is what happens when a country over extends itself on credit, then pledge their own tax payers as collateral to foreigners. If they don't DRASTICALLY cut spending, lower taxes and let prices fall, a Tea Party or OWS will be the least of this countries troubles.
trufbetold 2 months ago 4
@trufbetold
yea AMT lower tax limit has to be increased its chocking the middle class.
also the marriage trap needs to be adressed
doc2850 2 months ago
"We are not individuals, we are a country, we are not individuals". - That really sounds creepy (if you know what I mean)
migachoedu 2 months ago 8
God that woman is an idiotic shrew. "Well what does your secretary pay?" She hears one incredibly misleading Buffet quote and actually thinks his secretary must pay more than 50% of her taxes. Peter Schiff is doing way more for the country than any of these people.
rockon6191 2 months ago 7
Maybe Obama shouldn't be granting loans to European Countries to help fix their economies while ours is still in a shit hole... Did you OWS people ever think about that? Maybe then we wouldn't be $15 trillion in debt and our government could use that money to create jobs.
MrGBPackers11 2 months ago
@mikerowphone Well Singapore has a booming economy yet they have far less regulations.
TUBESTEAKNIG 2 months ago
hey good for you man, you verbally slapped all that nonsense down.
jonnyblaze777 3 months ago
"what are you driving (Peter)... they don't have a car" -the lady WOW! Ya, I don't own a house, so what's your point? If this lady has a house, does she owe me the right to live with her???? True definition of a society on the decline. You want something, you go out and get it through hard work, lady. What happened to our work ethics? When did this entitlement program get brainwashed in our heads? Peter started a business will extreme time, effort, money in hopes that it will succeed.
tonyg0123 3 months ago 5
@tonyg0123 I really want an airplane. I've always been partial to the old DC-3's. I'd also like to be an inch taller while I'm waiting for my airplane to be delivered.
Hope and change, baby!
maxfirepower 2 months ago
Some of these people need to sit down and enjoy a feast because Peter Schiff is roasting on their asses......I rather believe what he is saying than what someof these other people are saying...any day.
RealMNeutral31 3 months ago
very very nice
BrooklynNYC777 3 months ago
This video just goes to show how uneducated the 99% are about the wealthy and how much they pay towards taxes.
MrGBPackers11 3 months ago 4
50% tax is crazy! I totally agree with him.
redchinee13 3 months ago
God this stupid OWS bitch is a MORON
VictoryRepublican 3 months ago
@mikerowphone says the guy who doesn't support ron paul.
zen5678 3 months ago
@mikerowphone ummm wtf founding fathers set out rules for corps? Can't expect anything ridiculous from an American. They set out rules to protect liberty and freedom nothing else.
zen5678 3 months ago
@mikerowphone no i support free-market capitalism where market determines whether the banks fail or not. The moment you put anything about founding fathers and government regulations on the market together regardless of what sector it is means you don't know anything about the constitution.
zen5678 3 months ago
I love their ignorance. Politicians are openly doing insider trading at this very point. There was a whole leak of this recently.
Not only do they excuse politicians, the only ones we have direct control over. They also are not holding them responsible for taking bribes from lobbyists and the cronyism between them and wall street.
Instead, they are whining about private citizens' ethics. Most thought that Bill Clinton's ethics were totally acceptable for someone in the highest US position.
brendanmcwilliams 3 months ago
(contin) they can't realistically pay off anytime soon. With them owning us debt, we make them agree to allow colonial-style sweat-shop etc businesses to come in their countries.These industries work against healthy local economies, keeping these countries in poverty, inescapable (without a revolt.) When people revolt/ try to unionize, we send in the CIA, or, in Latin A., leave it to SOA/WHISC trained death squads. Watch "The End of Poverty" free on Youtube. It is time for a REVOLT in the USA
Norseman870 3 months ago
Our government failed us with the recession. The recession wasn't a surprise, there were problems before it as the result of regulations, put in after the Great Depression, that were removed. Explanation :youtube.com / watch?feature=player_embedded&v=wK1MOMKZ8BI
Norseman870 3 months ago
@mikerowphone Hmmm regulate more? Okay ii will move my company overseas where there is fewer regulations so i can be more competitive. Fire all my domestic employees and just say the stupid government gave so much regulations that if i continue, it would be so costly that i would be bankrupted. Use your head buddy.
zen5678 3 months ago
@zen5678 Good riddance to you, and don't let the door hit you on the way out. Or are you yet another economic chickenhawk, ready to talk the talk but not walk the walk?
HWingo 3 months ago
@HWingo no but i have a job and money.
zen5678 3 months ago
@zen5678 Fascinating, so do I. Yet somehow I'm able to recognize the faults in the system. How is THAT possible?
HWingo 3 months ago
@HWingo Yes. How is that possible that US a once mighty economic superpower is now in massive debt and has a generation of joblessness despite having more regulations yearly.
zen5678 3 months ago
@HWingo Let the government regulate how much food you should buy and consume daily too. Everybody will love your idea.
zen5678 3 months ago
This guy is awesome - he had the guts to go out there and meet the 99%. Unfortunately, the 99% were represented by a woman who does not have enough manners to realize that conversations are between two people - you talk, then I get to talk. Does Peter make a lot of money? Yes. Does he pay a lot of taxes? Yes. Do we need a real conversation about the responsibility of the "haves" towards the "have nots"? Yes. But is isn't going to happen until we have civility on both sides.
blehman18066 3 months ago 46
@blehman18066 There is no civil way to rob someone, in order for that business model to work you need your victim to be on the ground in a fetal position. I think that is what OWS is going for..
DiSaStaCaPiTaLisM 3 months ago 13
@blehman18066 Rock and Roll man...i agree with you...
ReBeWyMmOt 3 months ago
@blehman18066 he did have some balls for that. What pissed me off is that bitch was caught up in that he said he was the 1% so she automatically jumped to the conclusions that he wanted them dead or something. what an idiot
norskemann1 2 months ago
Peter is awesome!
angel2901 3 months ago
Too late
nellie2581 3 months ago
@mikerowphone it comes as a result of supply increases. human demand is infinite. the more supply rises to meet our insatiable demand, the better our standard of living.
bobjimjones 3 months ago
If someone tried to get me to sign a "social contract," as a 99%er I would gladly tell them to go smoke it. Unfortunately I feel many people in this movement would forge my name, and kick me to the curb if I didn't fulfill my so-called end of the bargain.
thefish103 3 months ago
@mikerowphone Economy builded up only on consumer consumption will fail. You need to produce and sell it not only to your own people, but also abroad - what about US trade deficits? What is the point of borrowing money to consume goods produced abroad? Growth MUST be based on SAVINGS! You cannot consume on credit for ever...
smilingbeast 3 months ago
@mikerowphone Yeah, and thats why he was alarming all people around via all possible communication channels about bitter end of this monetary policy - he started in 2004, in times when 99% of 99% was enjoying easy life on credit ...
smilingbeast 3 months ago
Someone please slap that lady.
PhishStyx4 3 months ago 7
Peter, get the hell out of there.
Fuckin hippie bums.
TorontoLibertarian 3 months ago
While plenty of what Schiff proposes elsewhere is BS, he's right here, and he has huge balls for stepping out there and like this.
Most of these protesters are barking up the wrong tree and have little idea what they are talking about. It's not the 1% of rich people that are the problem. It's the .01% of the rich that bribe and collude with politicians and have warped the system through campaign donations, lobbying and other personal favors. That's what the "99ers" should be protesting.
zenmachinefilms 3 months ago
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Mattertea 3 months ago
Peter is the only rich guy who would have the guts to go there and talk to the 99% protesters. Good job Peter!
marksuave25 3 months ago 70
lol this is great I think we need to take a bottle of rum and throw it of a cliff protest over.Or we can ERIC CARTMAN He's the man when it comes to these people. I hope they leave them camp and they all freeze to death it's winter and these people are the skum of the world and prob better of dead anyway
mattcrazyboy3 3 months ago
i love this guy
MrHotroddoc 3 months ago
Beautiful. Truth is always a smackdown for liberals! They don't know what to do with it - all they want to do is shout their talking point schpiel, like they are vomiting out other people's thoughts and can't stop until they're emptied. Schiff actually thinks and talks like an intelligent human. That's why he can emplo
y 150 people and pay more in taxes than the entire crowd, and all they can do is complain and demand more even though they don' t produce!
Cre8tvMG 3 months ago
These people out on the street really don't have a clue or a life for that matter.
tlcbhkc 3 months ago
These idiots do not realize that Peter is on their side lmao........
unreal513 3 months ago 87
@unreal513 how is he on their side?
davidwebb117 3 months ago
I love when she says "you should want to share your success" hahahahahah
And he's the seflish one? She's basicaly saying hey you worked hard got an education and succeeded and theres hippies out there who are lazy and they deserve to live off of your hard earned money. Let me tell you something they already live off of every single pay check I earn you dumb bitch
Ilanactingreel 3 months ago
How hilarious is this? Schiff is laying it on them! The clowns around him don't know shit or how to respond. Funny. What a circus! My hat is off to Mr. Schiff.
bthedirtydog 3 months ago
you guys type these words into google search " 21 States Declare Sovereignty " or go to the other peter schiff video the one with the most views and you will see in the posts how we found this online article . there is more than one article and they are from reputable online sources . saying that 21 states over the last 6 years have declared sovereignty and have ceded from the united states . this isnt a joke . major news stations are not allowed to report this is happening but its online .
jenni3613 3 months ago
@Joko6865 You've got a misunderstanding how our income tax are used. Law Enforcement/Fire-Fighters are paid by local gov't/property taxes. Local schools are paid by local property taxes. Roads are paid by gasoline taxes. Everything you "use" has a user tax which is also called an "indirect tax" which is constitutional. Our federal income tax on our wages and labor pays the interests and debt that we borrow from the Fed which is a private bank btw. Look up Reagan's Grace Commission for more info
sga86 3 months ago
@sga86 BUBUBUBUBUBU IF WE GET RID OF THE DEPARTMENT OF ENERGY WE WON'T HAVE ROADS!
emp0rizzle 3 months ago
@Joko6865 BTW, please go to usdebtclock(d0t)org and check out the "unfunded liabilities". We are currently over $116 trillion dollars. So whenever you ask the government for something, you need to first ask... "WHO's GONNA PAY FOR IT?". When you raise the tax on the "rich", it won't even cover half of the deficit. But what it will do is further shrink the taxpayer base because more workers will surely be laid off with increased taxes on employers.
sga86 3 months ago
@Joko6865 Basic education is provided thru local property tax, since college is a choice, the people aren't responsible. When you ask gov't to do something, they have to steal that $ from the people. Dept of Education don't produce anything. Most College and Universities loves student loans, because they base the amount they can charge you on how much gov't loan you can get. That's why there's $1T of student loans debt, lower quality of education, and no jobs.
sga86 3 months ago
@Joko6865 First you need to split capitalism and crony-capitalism. If Apple makes a good product, they should be rich. If another company hires a bunch of lobbyists to get legislators to pass regulations in their favor or to wipe out competitions, its crony-capitalism and those companies deserve to go to hell. Greed and all that doesn't matter, everyone works for their own benefits, but those who cheat and rip us off should be responsible and taxed to the max.
sga86 3 months ago
We don't live in a socialist state. Everyone has the same rights to be as successful as they can make themselves. I struggle from paycheck to paycheck, but I could care less what othe people make. I am responsible for me and my family only. All you OWS whiners need to buck up and focus on your own life. Don't be angry at someone else's success. Go out and make your own! Deal with what you've been dealt. I know I am!
Spyder5252 3 months ago
NO! The protesters do not want redistribution of the wealth. We want to END THE FED! And we want all of the corporate bigwigs dethroned. The end for these greedy pigs is near. OWS! END THE FED!
oshun1235 3 months ago
I don't want Schiff to pay more taxes....I want his salary to be capped off at $100,000. That is plenty for his greedy ass to live off. CEO salary is unjustified. As for more taxes...taxes only go to pay the debt that the Federal Reserve Bank started in the first place. OFF WITH THEIR HEADS!!
oshun1235 3 months ago
This man is great! These protestors want handouts and nothing more. The 1% are different. They think and act differently then the majority. Nothing is too difficult to overcome and no obe can hold them back. They will work long hours, endure critisism, and scratch and claw there way to the top. These 1% should protest that there arent better employees available. guess 99% want something for nothing!
myaksitch 3 months ago
Peter is right about 90% of the time. But he keeps saying gold somehow is money per the Constitution?? BS. Peter has gold on his brain. Get off it Peter... In the mean time, there is another guy who just published a book on what everyone who is being taken advantage of can do to get back in the game after having their clocks cleaned... "Money Slaves And Cool Aid"... Get - The - Book dot com (solve the riddle and learn what to do). Good luck pounding it through their thick skulls Peter.
TMIAmerica 3 months ago
@Inwarwetrustful There are a lot of ideologies to study, but capitalism is one that does offer a lot of choices to people in the long run. The fact is, you or I (especially you since you haven't already wasted your college years on a Language degree) could enter a STEM field and study the things both employers desire no matter the state of the economy and that afford us the chance to start our own business with what we've learned--both about our field and from other intelligent people therein.
Triundi 3 months ago
How many people do you employ?
envirocopy512 3 months ago
lol Peter Schiff is spot on. He has f-cking balls for going into that mob. Soon enough...as we slide into a deeper depression, these masses of unemployed will become restless. As Gerald Celente say's "When the people have nothing left to lose, they lose it." The debt bomb is ticking. It has only just begun. They say that bureaucracies are inevitably socially corrupt because they fight only for their survival...what will they do next to survive? War? Taxes? Extermination?
ksalaska 3 months ago 2
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ksalaska 3 months ago
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ksalaska 3 months ago
Should I pay more? Woman: "I think we should end the Bush tax cuts." Women shouldn't have been given the right to vote.She's talking over the man & not listening nor responding to the question.She already knows it all.
Ipostle 3 months ago
When will people understand that America is a occupied country .. by the filthy rich jewish zionists .. A minority group own almost everything, every big corporation .. how the hell can a minority in a country be the richest people in that country well it goes back when Hitler got elected in Germany, Making Israel the super power that they are today has become America's downfall economicly.
ambh89 3 months ago
Ok, I have Liberal Arts degree and I do not think the world owes me anything. I studied what I did so that I could further understand the wonders of the western tradition so as to better preserve it. (that is capitalism and Christianity/individual rights)
I would also maintain that anyone with a political science degree or a sociology degree does NOT have a liberal arts degree. They have majored in rhetoric and sophistry.
squirrelrides 3 months ago
@Inwarwetrustful Hope you still feel that way when you get your Liberal Arts degree in a few more years.
Triundi 3 months ago
stupid liberals want everything for nothing. then when you present concrete facts they start name calling . real mature losers.
xfactortype1 3 months ago
LET ME ASK YOU A QUESTIONLET ME ASK YOU A QUESTIONLET ME ASK YOU A QUESTION HOLD ON HOLD ONLET ME ASK YOU A QUESTION HOLD ON HOLD ON
JSK11707 3 months ago
Schiff is a savvy speculator, but he makes up history about Glass–Steagall.
The Truth:
"The repeal of provisions of the Glass–Steagall Act by the Gramm–Leach–Bliley Act in 1999 effectively removed the separation that previously existed between investment banking which issued securities and commercial banks which accepted deposits. ***The deregulation also removed conflict of interest prohibitions between investment bankers serving as officers of commercial banks.***
shrbri 3 months ago
These idiots don't even know the facts about what they are protesting, just blindly say things like end the bush tax cuts without understanding the implications of doing so. congrats lady, so far over 90,000 people have seen your ignorance.
selvidio 3 months ago
Schiff spent around 20 minutes with these people not just the 3 shown here and most of it they spent arguing incoherently with the guy. I bet it would cost me $10K to book 20 minutes of his time to sit around and discuss finance and economics and I damn sure would not spend it arguing with him.
steve001968 3 months ago
WHILE SOLDERS ARE AWAY ! FREE TRADE SENDS THEIR JOBS AWAY !
kn9ioutom 3 months ago
@kn9ioutom Expensive regulations do. But it was a good effort.
Tenor1Player 3 months ago
@brwneyesaz Please explain to me what is the "non-political" driven factor in this movement.
TheMoravians 3 months ago
Peter so awesome. i like when he tripped that hag up on the "how many people do you employ??"
crabtrap 3 months ago
Pssst, Peter, Throw some wampum my way I'll gladly join :-)
CF2VP 3 months ago
That bitch was OWNED!!
pflo99 3 months ago
I can't believe I worked on this idiots campaign for US Senate. Peter Schiff is a propagandist and he is as clueless as the people he is talking to. OWS isn't about taxes. It's about corruption, but propagandists try to tell the public thats it's jealousy. If you are not yet aware of how our government has been corrupted by bankers and corporations i suggest you stop speaking and start listening.
joejoe652 3 months ago
@joejoe652 lets pretend you worked on schiffs campaign; you would realize he thinks there is corruption too but mostly on the govt/banksters side.ows has so many differing messages that you can not blame ANYONE for not getting "their" message correct. i supported the original ows idea until i realized it has been co-opted by 50 differant pov and the camps are now full of rapists and dope dealers. its not a movement anymore its a Phish concert
crabtrap 3 months ago
@KaizenSoul And who is availing themselves to these 'contributors'? And who is supposed to be in control of those availing themselves? In every scenario the government is enabling the corporations.
TrikkyMakk 3 months ago
@brwneyesaz No, it's a leftists movement started by the anti-capitalist organization adbusters. Read the article about it on wikipedia.
david52875 3 months ago
i agree with peter schiff here. he's a pretty big dumb-ass, BUT most of the Occupy Wall Street fuckheads do not know what they're doing either. the lack of objective in this whole thing pisses me off. yes i am against corporatism but simply protesting something as broad as "corporate greed" is retarded. and people need to stop acting like paying taxes is the same as lighting your money on fire. taxes come back around to help you and your community so stop bitching.
Sm00thelectr0 3 months ago
@Sm00thelectr0 The lefitst movement has always been about the redistributiion of wealth and the nationalization of industry. That is what the leftist movement has always been about and always will. They are just afraid to say it so they dress it up with hippie rhetoric. Google Eugene Debs, he was the father of the leftist movement in the US at the turn of the century. The leftist movement is has the same objective now as it did then..
DiSaStaCaPiTaLisM 3 months ago
@DiSaStaCaPiTaLisM Do you understand that you're making a blanket generalization about one half of the politcal spectrum? Anarchism is leftist, and they're not for either of those. Looks like someone is wrong.
CackSlop666 3 months ago
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TheMoravians 3 months ago
@CackSlop666 The very idea that you can chart out political views on a one-dimensional, left-to-right line is beyond simplistic. That is why everything ends up framed in an "either-or" fallacy; "if you're against this one side, you're automatically for this other side".
Taken to it's logical conclusion, you could chart each person's opinion along a line from left to right and give them a number. "I'm 35"
Why do people who claim to be rational thinkers accept such an idiotic premise?
TheMoravians 3 months ago
@DiSaStaCaPiTaLisM You're clueless about American history if you need to Google Eugene Debs. Do you have any idea what the social /economic climate was in this country when Debs was active? If so, tell me in short detail what America was like at that time. Share some of you knowledge with me my friend.
joejoe652 3 months ago
@DiSaStaCaPiTaLisM the leftist movement is definitely has an objective no question.... but the this occupy wall street thing is really broad. like when abbie hoffman decided to just "protest the vietnam war" there's a difference between activism and actually doing something than just standing around in crowds on Wall Street saying that you don't like something
Sm00thelectr0 3 months ago
@DiSaStaCaPiTaLisM I'm leftist, but I'm not about anything you just said... Neither am I for this whole #Occupy Whatever bullcrap. I'm with Peter Schiff on this one... She hardly appears to have ever missed a meal in her life and she obviously can afford nice, expensive clothes and a day off work and a trip out to Wall Street to protest... Keep in mind, I'm a poor college student that doesn't know where his next meal is coming from.. but I'm working towards being successful on my own merits
Taricus 3 months ago
@DiSaStaCaPiTaLisM Thanks for the upload, whoever you are.
Federalism24 3 months ago
@DiSaStaCaPiTaLisM The 1% should pay more in taxes for this reason: In a pure free market, no tax economy, the rich would pay more for police/military/insurance than would the homeless person. The rich has a lot of asset to protect, where the homeless person has no asset to protect. Therefore, the rich should pay more in tax...Is this a fair statement?
hotdayrun 3 months ago
@Sm00thelectr0 So if I take $200,000 from you, buy myself a $50,000 car, pay for a woman's abortion, give half of the rest to a teachers union, then pay somebody to mow your lawn, you wouldn't be pissed? because now your lawn is mowed?
david52875 3 months ago
@Sm00thelectr0 Do you even know where your tax money goes? How can you say it comes back around and helps your community.
Justajawnie 3 months ago
@Justajawnie Because the high school down the street is still standing. Because my mom is getting medicaid. Because a road not too far from here was repaved. Any other questions? We need to get the money out of government. Stop the lobbying.
Tenor1Player 3 months ago
Schools are failing
Medicaid is broke
It takes years to get a road repaved.
Your taxes are not being used effectively. Try a better example.
Justajawnie 3 months ago
@Justajawnie Lack of state funding is failing schools. They do not get all of their money off my property taxes.
(Sorry i meant Medicare) But both are going broke because too many people are on it. But I know its regularly being taken out of my paychecks.
I don't know where you were going with the roads, of course it takes years. Isn't that a good thing? But there was just a stimulus package that my taxes went toward.
My examples were fine. It does come back. The programs are flawed.
Tenor1Player 3 months ago
@Tenor1Player
What? Yeah no child left behind. Lets throw a bunch of money at something and itll solve all our problems. You must not work in education.
And no, a road should not take a year to repair. Unions and special interests milk construction contracts tremendously.
I dont know what you are trying to prove. Your taxes are wasted, its obvious.
Justajawnie 3 months ago
@Justajawnie I do not work anywhere near education. That entire system is sickly flawed and I stay as far away from it as I can.
I was simply trying to prove that I know where my tax money goes. How they are used when they get there is ridiculous. I wholeheartedly agree with you there. There needs to be some major restructuring of programs.
Tenor1Player 3 months ago
@Tenor1Player
Not to mention your way of thinking is flawed. Yes taxes comes back to the select few who actually benefit from it. But the people who dont benefit vastly outweigh the people that do.
Taxes are NOT apportioned equally and its not fair.
Justajawnie 3 months ago
@Sm00thelectr0 you sound like the dumb-ass. did my taxes that went to the iraq war come back around to help me and my community? how about my tax money that went to the SEC while they let a massive ponzi scheme go uninvestigated? get a clue.
Tallaias 3 months ago
2:43 - the look on her face was priceless
headley77 3 months ago
It is just so funny how one person can know so much more than a crowd of dozens
MrTRUCID0 3 months ago 31
@MrTRUCID0 - Oh really. I don't think he know much at all.
brwneyesaz 3 months ago
END THE FED.
JAIL TO THE BANKERS.
END THE CORRUPT SYSTEM.
LET ME REMIND EVERYONE TO TAKE CARE OF THE EARTH.
BRING IN THE RESOURCE BASED ECONOMY. LOVE AND FREEDOM TO ALL.
smash1man 3 months ago
Double pwned! All the things they are protesting are symptoms not causes. The government is the disease.
TrikkyMakk 3 months ago
libertarianismdotorg
get some direction so you can be aken seriously.
Only a virtuous people are capable of freedom. As natons become corrupt and vicious, they have more need of MASTERS. Benjamin Franklin
possumpistol 3 months ago
I agree with peter schiff and I don't have a problem with capatilism but I do have a problem with corporatism and that is what the issue is all about and should be about.
elfil76 3 months ago 6
@elfil76 The protesters are really about nationalization of industry and the redistribution of wealth, everything else they say is just rhetoric to sugar coat what they are..
DiSaStaCaPiTaLisM 3 months ago 10
@DiSaStaCaPiTaLisM
Let me ask you after that statement do you think the American Ideological system of a free market can sustain itself with the current rules, in addition do you think the world will allow their resources to be gobbled up tagged and taken from them without a fight? By world i mean THE WORLD, america has put the world in a state of fear. Is that democracy is that what you stand for as a person. Do you think its fair corporate america now makes ALLLLLL the rules not some?
KaizenSoul 3 months ago
Petey Schiff is in the wrong party. Yes, thanks to the help of his daddy, he will always be in the 1%, but it was Greenspan that strengthened the Fed to greater degree than any previous chairman, it was Greenspan that created the bubbles and it was Greenspan that made Wall Street rich by interjecting trillions of dollars of taxpayer-funded liquidity into its veins. As Republicans are the more corporate-friendly politicians, it is THEY who are the problem.
No wonder Schiff lost.
cyrusfx1 3 months ago
@cyrusfx1 Far more money is given to democrats by corporations. Wall street is the unofficial financial arm of the democrat party.
itachi705 3 months ago
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cyrusfx1 3 months ago
@itachi705 that is a flat-out lie. if that was true, why are all the rightwingers panties in a bunch? shouldn't the left-wing be hating on OWS? next time, think before you type.
cyrusfx1 3 months ago
MY BAD, I DIDN'T MEAN TO POST 2 o_O.
smash1man 3 months ago
If peter is the 1% why don't his decisions affect me? Oh, because he's Not! Employing a few doesn't make you the 1%. That 1% is exclusively for the most elite of bankers.He's asking all the wrong questions. The protest is about the 1% (wich are bankers) controlling the decisions in this country and the world for their own agenda.Peter despite your wealth your still part of the 99%. Your still getting nailed by the decision the bankers make. Jail to the bankers.Love and freedom to all.
smash1man 3 months ago
If peter is the 1% why don't his decisions affect me? Oh, because he's Not! Employing a few doesn't make you the 1%. That 1% is exclusively for the most elite of bankers. This guy is asking all the wrong questions. The protest is about the 1% (wich are bankers) controlling the decisions in this country and the world for there own agenda. -peter despite your wealth your still part of the 99%. Your still getting nailed by the decision the bankers make. Jail to the bankers.Love and freedom to all.
smash1man 3 months ago
Get rid of the Federal Government! EPA, FDA, Department of Education, Department of Energy, all a waste of money.
It is not the government, the problem is the FRB a privately owned.
vly991 3 months ago
Get rid of the Federal Government! EPA, FDA, Department of Education, Department of Energy, all a waste of money.
vly991 3 months ago
Peter Schiff needs to be clear & help the Occupy Wall Street or 99% understand who the enemy is. The federal reserve Bank is the enemy, it is not more taxes that is needed, or social programs; it's free markets & sound money. Not Privately controlled money backed with government regulated corporatism. The people will always lose. END THE FED, GET MONEY OUT OF POLITICS!
danz177 3 months ago
Ron Paul 2012 go Austrian Economicssssss
ModernDayPhilospoher 3 months ago
Now we can finally understand what Hitler was fighting.
kamcolorado 4 months ago
@kamcolorado hmmm, makes you think. But then Hitler was a Jew & the illegitimate grandson of Salomon Mayer Rothschild. So, it seems the Zionists & Nazis were working together. Rothschilds have always fought on both sides of every war, why should opposing ideologies be any different? Democrat or Republican both owed by the Rothschilds. You don't get to rule the world by choosing sides, you do it by being on both sides. But their ultimate weapon is the printing press & the right to print money.
danz177 3 months ago
Go Peter Schiff
ben556100 4 months ago
Can anyone define hard work? Who works hard? Is it the farmer who works in the field or the boss who signs papers? Don't worry I was a corporate bitch and an economist once till I realized it is backward construction.
shashankgogoi 4 months ago
Carl Marx's concept of communism never went through. Corrupt politicians and corporate business men capitalized on the concept of Marx and used it for profit. Money was never officially eliminated. Not that I blame anyone but that's the way it happened. All we seek is a scientific way of existence that can be sustainable. It's a win win situation for the elites, for the poor, for the plants, and animals so that we don't profit out of problems but thrive on singularity.
shashankgogoi 4 months ago
THIS VIDEO IS STUPID.
JUST BECAUSE YOU WORK HARD AND BECOME WEALTHY DOES NOT MEAN YOUR
''THE 1%''
TO MAKE A LONG PIONT SHORT, IF YOUR NOT ONE OF THE FEW DOZEN ELITE BANKERS YOUR NOT THE 1%. YOUR STILL PART OF THE 99% YOUR STILL GETTING SCREWD BY THE ILLEGAL DECISIONS THE REAL 1% MAKE.
YOUR DECISIONS ONLY AFFECT YOU AND THE ''FEW PEOPLE'' YOU EMPLOY. THATS WHY WE ARE AT OCCUPY WALL STREET STANDING UP AGAINST THE REAL 1%. -MAKE THAT CLEAR!
mrchibitix59 4 months ago
@mrchibitix59 You are right my friend. The real elite don't consider themselves part of the 100% :-).
They wan't the some of the morons from the 99% to take away from people like Peter Schiff the 1%.
So that way everybody is poor except the elite. so everybody falls under 100%.
This way the elite have eliminated their competion (the 1%). That's the game...
fursatali 4 months ago
This guy is funny He's standing there lying about paying more than 35% taxes - in truth with all the loop holes created by the government compliments of the Greedy ass Republicans this guy pays close to nothing in taxes - which is what Buffet is putting out there - The 1% relies on the 99% to keep them rich - If the 99% stand in solidarity and just Boycott Corporations that are clearly unamerican and support companies that are doing the Right thing - well then this Lard ass would not be needed
6308281 4 months ago
@6308281 You don't have a clue as to what you are talking about. Buffet was putting out there that he pays himself via capital gains - which are taxed at 15% while his secretary is taxed at the INCOME tax rate which is higher than the capital gains tax rate.
What Buffet LIES about - and yes, he IS lying - is that that capital gains tax rate is ON TOP of the corporate tax that Berkshire Hathaway pays (his company).
ToddAldrich 4 months ago
You guys are still talking in terms of money? Where I come from we don't use it anymore. I declared all my cash and property as the common heritage of all the people long ago. It is resources we need. Not money. It's amazing how less people understand scientifically verifiable facts over subjective personal opinion. Economics isn't a real science anyways. I can disprove every theory right now and it can be verified scientifically. Free apples anyone. I got it from the future.
shashankgogoi 4 months ago
@shashankgogoi I agree if your a real socialist you should not work for what you but for what you need, like rations..
DiSaStaCaPiTaLisM 4 months ago
i love that peter guy
this country is full of lazy deadbeats
we're moving closer to a government that we rebelled against
rip america
mckibbins 4 months ago
GET RID OF THE BUSH TAX CUTS AND WE'LL ALL BE HAPPY AND RIDE PINK UNICORNS TO WORK!
MeninaLivre 4 months ago
They got pretty quiet...
rigatony019 4 months ago
Blahblah Oblahblah-exhibit A
"INEPTOCRACY"
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"We are now reaching a system of government where the least capable to lead are elected by the least capable of producing, and where the members of society least likely to sustain themselves are demanding to be rewarded with jobs, goods and services paid for by the confiscated wealth of a diminishing number of producers."
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It's called an INEPTOCRACY.
wolfgangfaust 4 months ago
Peter VS Transients.
EMPIRE0FLIES 4 months ago
pawned :)
scw0611 4 months ago
these protesters are all BOOBS
1stpanzerguy 4 months ago
These communist cranks aren't angry that the economy is doing "bad", these marxist zombies are angry that the economy is capitalist!! Notice how these spoiled rotten socialist creeps are not flocking to go live in Cuba or North Korea--nations with no "corporations, bankers, wall street, blah blah" & yet those anti-capitalist states are semi-starving brutal dictatorships.
Then these left wing pressure groups & their class warfare comrade Obama receive MILLIONS from corporate foundations. HAHAHAA
WTX4XTW 4 months ago
we just got a letter about how the "obama affordable health care act" increased our health insurance $40, lol. Thanks obama.
agnostaxian 4 months ago
this country makes me want to learn latin and move south of the equator...people in america want to be zombies or vampires, or pet-a-child's or government anarchists...no class anymore...just a few rich people, lots of beggars and hangers on...we are one of the most lost minded nations in the world, considering OUR HISTORY of "freedom, and the pursuit of happiness"...wallah
reelTruth112 4 months ago
2:36 OWNED!!!
Peter Schiff is boss.
dfabian24 4 months ago 13
Peter Schiff owned her at the end.
imStevy 4 months ago
how the hell did Peter Schiff end up in that position?
tekno1er 4 months ago
Communism is the goal.
Revolution is the way
Poverty is the bilss
Idiocy is the must.
platipot 4 months ago 7
@platipot lol
DiSaStaCaPiTaLisM 4 months ago 6
@platipot LOL! that is great
agnostaxian 4 months ago