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Peter Schiff Talks to the 1 Percent! "We're not even near the bottom yet!"


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"You Got this Occupy Wall Street crowd that wants to have a communist revolution," says investment guru and outspoken defender of free enterprise Peter Schiff, "but hopefully we can have more of a free-market...second American revolution and understand all the pain we're about to endure is because of government. It's not because of capitalism."Schiff caused a sensation last month when he visited New York's Zuccotti Park and argued with Occupy Wall Street protesters about the causes of and solutions to the Great Recession. In this video, he talks to "the 1 Percent," a group of wealthy individuals who gathered recently in the Bel Air home of Judd Weiss.Regardless of his audience, Schiff's message in entirely consistent: Cronyism and government policies have distorted the economy and "we're not even near the bottom yet" in terms of the downturn.About 6 minutes. Shot by Sharif Matar and Tracy Oppenheimer and edited by Oppenheimer.To watch other Schiff videos and all of Reason.tv's Occupy Wall Street (and LA and DC!) videos, go to http://www.youtube.com/playlis... to http://reason.tv for downloadable versions of our videos and subscribe to Reason.tv's YouTube channel to get automatic notification when new material goes live.Earlier this month

Canal: News & Politics
Subido: 01/12/11 a las 9:08 am
Autor: ReasonTV

Duración: 06:16
Valoración: 4.718593
Vistas: 23454

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Ultimos comentarios:
Pico Vegas (el 04/05/13 a las 8:56 am)
lmao i forgot a did that
Troublesome2008 (el 04/05/13 a las 4:44 am)
Dammit, i couldn't refuse...
Pico Vegas (el 02/03/13 a las 10:48 pm)
don't press ctrl + w
Michael Garner (el 14/01/13 a las 12:00 am)
Its about theft and false entitlement the one percent managed to get bailouts. Where did they think that the bailout money came from? It came from the same people you stole from. So how is it fair that the middle class which is not 250,000 its on average 35-45,000 still pay higher taxes when it breaks down then the wealthy who pay little if anything and people like you say send your money here or there but who cares about the American people. One day the golden feast will end for 1%
TheThewarriorchamp (el 23/12/12 a las 9:20 pm)
same thing with ron paul
hihihitaytaytay (el 22/12/12 a las 6:15 pm)
Peter Joseph is a complete fool. He claims that economics is not a science and that there is no use for it whatsoever. What a moron...
elaknalon23 (el 07/12/12 a las 12:28 am)
He looks high lol
aviomaster (el 28/11/12 a las 12:38 pm)
@thejoefro - USA government is the virus and the economy is the host. THAT is more correct term. USA gov. using 45% of GDP of USA economy every year. For example Bosnia and H. 65% of GDP goes to Gov. 65% that means Bosnia and H. economy is chocking and it is. TELL it like it is. DO not be AFRAID.
rafsid78 (el 27/11/12 a las 4:32 am)
I used to believe in what he is saying but unfortunately data is not supporting what he is saying. I was born in socialist country and I am really and totally against it but saying that greedy capitalism is the way is also false. Since ~1980 richer are only getting richer but middles class is disappearing!!! If you think that majority of the people are richer now than 30 years ago think twice. and look around. Read "The price of inequality" by Joseph Stiglitz, time to open up your eyes people

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