Democrats: Let's Ban Profits! (Peter Schiff interviews at the DNC, scary stupid)

Youtube ^ | Sept 5, 2012 | Peter Schiff

[Titus-Maximus]

VIDEO: Peter Schiff interviews members at the Democratic National Convention who all display a remarkable level of economic ignorance. They all want to ban or cap corporate profits.

[Titus-Maximus]

These people are taking political power?

This country is never going to make it. Moribund, like the Soviet Union.

[ReformationFan]

I think a crash course in Milton Friedman’s economics is greatly necessary:

http://www.youtube.com/watch?v=YmqoCHR14n8

[WilliamofCarmichael]

I heard audio of that a couple of days ago.. how did we get here I wondered so I channeled someone who knows from experience. Abe tells us from "the other side":

You initiated a policy to tolerate the Marxist-Alinsky radicals and let them rant; not only has it not ceased but was constantly augmented by decades of infiltration and indoctrination. You now have two Americas.

[The Duke]

To ban profits is to utterly destroy the stock markets (why would anyone want to buy a stock that is guaranteed to never pay a dividend? Certainly the price of the stock will not rise when there is no potential for dividends.)

[Libloather]

This happened as the RATS were stiffing everyone in Charlotte? Perfect.

[jimsin]

To ban profits is to utterly destroy the stock markets

BRILLIANT JUST BRILLIANT! ">

[jimsin]

'I think a crash course in Milton Friedman’s economics is greatly necessary:'

Would that such a thing would work with an outfit such as these....RF

[SkyDancer]

No profits, no company. No company, no jobs. Everyone works for the government. Easy.

[Burlem]

I wonder if any of these folks have 401K, or Pensions? Gee, wonder where that money came from?

[Bernard Marx]

William, we allowed New Left radicals to take over our universities back in the 1960s. They've had ample time to ideologically brainwash several generations of students since then. Those graduates have gone on to fill key decision-making positions throughout our society.

Despite massive evidence this was happening, no one seemed to care. Now it's time to pay the piper.

[DuncanWaring]

I was wondering myself how many of these morons have union pension funds dependent on dividend payments made possible by corporate profits.

[Fred Hayek]

Dude with the “Educators for Obama” T-shirt looks like Captain Coco Puffs (Paul Watson, ecoterrorist).

[ReformationFan]

“Each citizen would then be completely independent of all his fellow men and absolutely dependent on the state.”

-Jean-Jacques Rousseau

[ari-freedom]

“Everyone works for the government. Easy.”

That’s the idea.

[ReformationFan]

I’m sure they think “the government. And if they run out, the treasury can just print more.”

[plain talk]

That’s why high unemployment in the “private sector” doesn’t bother them. This is all part of the hope and transformation they want. It’s backdoor marxism performed over a period of time via overregulation.

[WilliamofCarmichael]

You're right.. " . . . we allowed New Left radicals to take over our universities back in the 1960s. They've had ample time to ideologically brainwash several generations of students since then. Those graduates have gone on to fill key decision-making positions throughout our society." You probably will not be surprised at the rest that Abe told me..

In my opinion, it [the two Americas] will not cease until a crisis shall have been reached and passed. "A house divided against itself cannot stand." I believe this government cannot endure, permanently, half statist and half free; I do not expect the house to fall; but I do expect it will cease to be divided. It will become all one thing, or all the other.

Abe mentioned that piper. IMO it's time for our military to choose sides.. I just hope it's our side.

[Stepan12]

Ayn Rand rhetorically asked if workers have a right to their wages, then why don’t businessmen have a right to their profits?