The 1% "Peter Schiff" Respond to Occupy Wallstreet

The 1% and Peter Schiff Respond to Occupy Wallstreet

Category:

News & Politics

Tags:

• The
• 1%
• Peter Schiff
• Respond
• ron paul
• Occupy Wallstreet
• 99%
• economics
• federal reserve
• bank Economy Freedom

[infinityBBC]

funny how the majority of individuals begin their discussions by insulting those who do not agree with their position.

[comlax22]

The smugness of these idiot Occupy morons is disgusting--look at the smug smiles on their faces---and they are completely CLUELESS!!!!

[justinld13]

I can't believe these people actually want government intervention??...I thought the whole idea was about less government which would make sense to me at least...they don't want free markets, what?? But then why think for yourself when the government thinks for you I guess...

[infinityBBC]

westcoastflagpoles said it! the reason why the economy is horrible is because of the ever increasingly prohibited free market (Capitalism). FREEDOM is ALWAYS the answer!

in place of free market Capitalism over the last 100 years or so, we have had a combination of Socialism & Fascism driving our nation's economy and look where it has gotten us.

and now "Neo-Amerikans" want to blame the mess on "Capitalism"???

this shows how blatantly ignorant the masses are in this country!

[NinJavaisDotAnoobLOL]

@infinityBBC this forum is an insult to my intelligence

[frystan]

Peter is misleading people, and himself even said in the video that 'Gov is owned by a lot of people'... That's the point...

He is in financial area himself, so how could he blame bankers... They are the same!

[Dirge987]

@UberVersatile You keep saying investors lack accountability for their decisions, but if they choose to invest wrongly then they lose their money. That is accountability right there. Now the people making the decisions to make a product are, 99% of the time, NOT the investors. You have a whole different realm of accountability there.

Second, corporate personhood really has no significance in the discussion. I'm not sure why you went there.

[UberVersatile]

@Dirge987 Money is a + / - game here.

They lack the accountability for their decisions. That is they are not accountable if they decide to produce something that turns out to be harmful. Institutions did not protect them if you do not call the institution of a corporation a part of government.

The institution of a corporation is given the rights equal to men in nearly all aspects and in some aspects surpassing the rights of men. The corporation is a human being.

[Dirge987]

@UberVersatile You have a contradiction right there. If they lose their money, then that means they are negatively affected by the choices they make, meaning they are held accountable. If I go to Vegas and lose all my money, I'll be held accountable for my actions by losing said money and going home poor.

As far as Enron and BP, ask what institution shielded them from liability and you'll have your problem right there.

[UberVersatile]

@Dirge987 No they are not held accountable for their actions. They just lose their bet.

Just like investors weren't the ones who went to jail after Enron fu**** up or aren't taking the heat when BP spills oil in the ocean.