VIDEO: Peter Schiff Debates Zucotti Park Occupy Wall Streeters

By the Left Coast Rebel

This is simply just too cool. You can almost hear the collective "Occupy-I-am-entitled-to-everything-I-want-simply-because-I-have-a-pulse" synapses misfiring in the crowd as Peter Schiff engages them (poor saps have probably never even heard his viewpoint that he aptly expresses).

There are too many quotable moments from Schiff here, "WalMart doesn't hold a gun to their head" stands out to me:





I love how Allahpundit notes that Schiff pulls this thing off like an Austrian-school ninja.

Indeed.

More from Nick Gillespie at Reason.com:

"Did a corporation end slavery, or did the government end slavery?!?!"

That's the sort of question investment guru and radio show host Peter Schiff fielded as he debated Occupy Wall Street (OWS) protesters last week in New York's Zuccotti Park.

Schiff is no ordinary observer. As the prinicipal of the financial firm Euro Pacific Capital, he's a full-fledged and unapologetic member of "the 1 Percent." As an outspoken radio show host (listen online here) and commentator, he not only predicted the housing crash and financial crisis, he railed bank and auto-sector bailouts as they were happening. Schiff believes that capitalism offers is the only hope for young, frustrated people to have a vibrant and prosperous future (get information on his latest book, How an Economy Grows and Why it Crashes, here). So he went to Occupy Wall Street to engage and debate the protesters.

Touring the Occupy Wall Street scene in New York with a sign that read "I Am the 1%, Let's Talk," Schiff spent more than three hours on the scene, explaining the difference between cronyism and capitalism, bailouts and balance sheets, and more.

"The regulation we want is the market," said Schiff. "That's what works."

Via Memeorandum.

PS: I apologize for my absence here at LCR -- I'm busier than I have been in three years... major props to Proof, Wes, Les and RightKlik and Chris W. for holding down the fort here. Thanks, guys!

6 comments:

  1. "What about the 'board of education'?" I believe he was trying to talk about the department of education. That skull full of mush had very little idea what he's talking about.

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  2. Give the kid a break. He was scared shitless. Schiff taught me a lesson with that. Those kids were intimidated as hell by him because he respected them and expected them to say what they thought.

    The guy is a man among men.

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  3. These are the useful idiots every Marxist revolution needs.

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  4. Maybe, but they're Americans. We've had much rougher times than these. There is a lot of frustration in that crowd, but if you watch the whole thing, you won't see a lot of hate. Anger, yeah, but not hate.

    Some people bristle at this, but we truly are the best people in the world. That ultimately is our greatest strength.

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  5. Chuck - You said volumes in just a few short words.

    My hat's off to you sir.

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  6. Chuck, Yes we're all US citizens! That's where the concept of "United States" is grounded... These "Kids"are the "Public school indoctrinated"! Thanks to our wonderful Dept of Education.
    I just wish you had the same respect for those of us posting here too!
    I may not always agree with everyone, but I do respect their right to disagree.
    Tim, I am glad to hear that your busy! Not all of us can say that... (1 in 10 of us without jobs)

    ReplyDelete

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