Skip to comments.Peter Schiff-Socialism is the Problem, Capitalism Is The Solution
Posted on 07/16/2012 11:19:44 AM PDT by appeal2
We caught up with our old friend Peter Schiff at Freedom Fest. While he was on a panel, security was sicked on Doug Casey for smoking a cigar (Cubano of course) while participating on stage. Freedom took a major hit when Doug was forced to extinguish his rich stogie. But as Doug said, he was on someone else's property, so he had to comply with the management's wishes. I want to know who the Buzzkill was that turned him in.
Peter made the case for limited government and eliminated socialism in his usual eloquent manner. Too Big To Fail Banks are not the product of capitalism, but socialism. Capitalism never failed, as it has been utilized in the US for many years. Eventually, the lesson will have to be learned if we are ever to have prosperity again and that's why Peter trudges on.
Listen to the Interview Here
There is nothing wrong with a bank being big. The problem is the allowance of fiat money,fiduciary media, fractional reserve banking, and lack of a 100% gold standard.
Many bad things happen when you stop teaching civics and american history in public schools.. has been done for a few decades now.. Most don’t even know what socialism is.. and communism is socialism.. so cannot recognize it when they see it..
American teachers did this(on purpose).. they brought down America,,,
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