Peter Schiff at Occupy Wall Street: Full Version, Almost 2 Hours Long!
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Uploaded on Nov 29, 2011
NOTE: REASON.TV ORIGINALLY RELEASED A VERSION OF THIS MOSTLY UNCUT VIDEO A FEW WEEKS AGO BUT DUE TO ERRORS ON OUR PART, WE HAD TO TAKE THE VIDEO DOWN AND RE-EDIT FOR AUDIO AND CLARITY.
Back by popular demand, it's Peter Schiff at Occupy Wall Street. And this time, he's uncut, unfiltered, and unleashed!
Last week, Reason.tv released an 18-minute video of investment guru, radio show host, and unflappable defender of capitalism Peter Schiff as he spent three hours among the Occupy Wall Street protesters in Manhattan's Zuccotti Park. ( http://www.youtube.com/watch?v=UGL-Ex... ) Standing next to a sign reading "I Am The 1%, Let's Talk," Schiff debated, argued, and occasionally found common ground with the Occupiers.
In response to the overwhelming demand for more Schiff at OWS, we're happy to release all the audible footage we've got - almost two hours worth. Beyond his ability to answer all questions, the most amazing thing is how Schiff wins the hearts and minds of many Occupy diehards by explaining the differences between cronyism and capitalism, the need for sound money, and why the government can't be trusted to regulate the very banks it bailed out.
About 1 hour, 45 minutes. Go to Reason.tv for downloadable versions of our videos and subscribe to Reason.tv's YouTube channel for automatic notification when new material goes live online.
Check out Schiff's Euro Pacific Capital.
http://www.europac.net/
Listen to his radio show online at http://www.schiffradio.com
Buy his latest book, How an Economy Grows and Why it Crashes.
http://www.amazon.com/How-Economy-Gro...
Produced by Anthony L. Fisher. Camera by Nathan Chaffetz.
For Reason's coverage of the Occupy movement in New York, Washington, D.C., Los Angeles, and elsewhere, go here: http://reason.com/topics/occupy-wall-...
For a playlist of Reason.tv's always-expanding video coverage of the Occupy movement, go here: http://www.youtube.com/user/ReasonTV#...
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Top Comments
Tim B 2 weeks ago
A financial genius stands amongst you, offering free advice and empathizing with your cause. Talk less, listen more. Maybe you'll learn something.
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zjbeast 2 weeks ago
38:00 he is a fool? LOL Peter keeps his composure well among idiots..
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Video Responses
All Comments (7,071)
51MontyPython 9 hours ago
sorry, typo, "owe" them an apology...
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51MontyPython 9 hours ago
... next egg of the next market bust that they themselves create with more inflation and artificial wealth to pay for their greater inflation and artificial wealth. The more they blow that thing up the more you know that baby's gonna burst. (There's a reason they call it inflation).
Oh, and just to remind everyone, Shiff DID predict the housing boom.
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51MontyPython 9 hours ago
... from more production (wages) in their own countries which depends on less outsourcing which depends on more domestic hiring and is achieved by lower taxation/regulation where companies can then feel free to more conveniently hire locally, because the economy will be better in such a situation through greater contributory productivity which leads to more spending power on the dollar, (short of socialism and the FED screwing it all up and then taking the credit when they fertilize the (cont...
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51MontyPython 9 hours ago
... pigs start cutting out the pork! Btw, you oh, them an apology.
I digress....Also, when you keep the money here you don't have to borrow and print as much. That means you REALLY DON'T NEED to create all of that inflation. When people make their own money by working, they become contributors INTO the treasury rather than an even greater COST to it.
Of course, in order for nations to benefit each other economically they must have healthy economies of their own, which does come (cont..
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51MontyPython 9 hours ago
... which actually INCREASE revenue by keeping it here rather than abroad. Oh, and that reminds me,... SCREW YOU, MCCAIN for attacking Apple who was only LEGALLY taking advantage of their loopholes. As if there aren't enough people to REALLY be putting on trial. You poor, sick old senile bastard. I appreciate your service, but damn, come on. That's what they do. Lower their taxes and put a squeeze on the abused welfare system and you will get all of the money you need, so long as you (cont.
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51MontyPython 9 hours ago
... don't need to do it when the gubbermint is subsidizing the supplementation of domestic labor with higher taxation -i.e outsourcing and welfare. Wow, what a mix.
You can afford to provide SOME welfare for the very few who TRULY need it, but only when you increase revenue by creating a greater pool of workers who also contribute to the domestic economy (and the treasury) with their own earned money which stays here rather than being leaked out. This comes about through lower taxes (cont..
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51MontyPython 9 hours ago
... That's REAL "socialism", in the TRUE sense. But they act like they don't want that, because they want it for themselves, because they are indeed greedy just like Schiff pointed out in the video, as we all are -We all want more, That's how the true system works. You can call it "capitalism" if you like, but it's really just life.
And of course they SHOULD be concerned with having more domestic hiring (employment), as it is necessary for domestic economic health, but you kind of (cont...
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51MontyPython 9 hours ago
I just love it when I hear some of these commie socialists vetching about outsourcing (what do you think incentivizes it? )
If these people with the whole socialist mentality were really all about helping out and contributing to everyone then they would support free international trade and private investments in other countries. You know, THEIR economies are important, too, and lo and behold, since we are all tied together, we depend on each others economies to benefit one another. (cont...
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Sukun Paul 1 day ago
Hate how that guy was talking about his education, when he was saying common sense stuff....like smh..this is why you lose against the 1%
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senglord 1 day ago
Wall Street was a cesspool of corruption in the 19th century.
Wall Street was a cesspool of corruption in the 20th century.
Wall Street is a cesspool of corruption now.
Some qualification:
(I believe) 80-90% of the people that work on Wall Street are likely as honest as the general population. The complement set is composed of people with no moral compass whatsoever. Any information put out is only for their own gain, not the company or clients that they work for.
And no one can tell who is
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