[Video] Peter Schiff "Undercover" at the DNC - Let's Ban Profits!

[MRoCkEd]

https://www.youtube.com/watch?feature=player_embedded&v=07fTsF5BiSM

[Kotin]

lol

[american.swan]

Obviously banning profits is horrible but i have to laugh. How did they allow him even in the building?

[bunklocoempire]

Good golly.

Mooo bama.

http://s6.postimage.org/6jblalchd/fly_tag_for_calf.jpg

[messana]

"I will support anything my president wants to do."

Good citizen.

[tod evans]

Scary!

[Keith and stuff]

I am in favor of caps. Every town, city and school district should have both a spending and tax cap :)

[low preference guy]

this should be going viral on every conservative website!

[Cowlesy]

hahahaha.

Nice work, Peter. Trolling the DNC.

[RonRules]

http://s6.postimage.org/6jblalchd/fly_tag_for_calf.jpg

Don't put those plastic tags on the calf's ears. A grey wolf could choke on that and die.

/Democrat environmentalist wacko mode off

[nobody's_hero]

Give me a moment. I need to decide if this is something I really want to laugh at.

In any case, Peter Schiff is awesome.

[GeorgiaAvenger]

this should be going viral on every conservative website!sent tips to drudge, dailycaller, and the blaze

[MikeStanart]

Epic trolling by Peter

[AGRP]

These videos are the highlights of the DNC/RNC. Need 1,000,000 more please!!!!!

[qh4dotcom]

Banning corporate profits = 100% corporate income tax

[bunklocoempire]

"I will support anything my president wants to do."

Good citizen.

It's a good thing that non-thinking king worshipping attitude exists only in the 'D' party, if it were in both parties we might really have some problems...

:toady:

[NoOneButPaul]

I love Schiff

[AGRP]

"I will support anything my president wants to do."

Good citizen.

"What about slavery?" would have been my follow up question.

[qh4dotcom]

I think Schiff should ask this question to all his 100+ employees...also ask it to potential employees during an interview....and fire/not hire whoever wants to ban all his profits/whoever wants him to work for nothing.

[CT4Liberty]

I love Peter Schiff - voted for him in 2010 here in CT for Senate and was upset he didnt run again this year... now Im stuck with Linda freakin McMahon...

[LibertyEagle]

That is hilarious.

[cajuncocoa]

Damn, these people are stupid.

[mport1]

Wow, those people have no understanding of the most basic economic principles.

[alucard13mmfmj]

this is why USA is going down hill..

democrats AND republicans are full of "eww".

im sure peter schiff just picked the ones that say ban/cap, but it still illustrates a point that it seems there is enough of them to create havoc in the USA.

[Feelgood]

This cant possibly be real. Perter HAD to have staged that. PLEASE tell me Democrats are not THAT clueless!!!?!?!!!


Need someone to edit that video, and transcribe the trolololol face over Peter. It would be epic!

http://upload.wikimedia.org/wikipedia/en/thumb/7/78/Trollface.svg/365px-Trollface.svg.png

[aGameOfThrones]

http://24.media.tumblr.com/tumblr_lpu81akB4e1qka4llo1_r1_250.gifhttp://25.media.tumblr.com/tumblr_lpu81akB4e1qka4llo2_r1_250.gif
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http://24.media.tumblr.com/tumblr_lpu81akB4e1qka4llo6_250.gifhttp://25.media.tumblr.com/tumblr_lpu81akB4e1qka4llo7_r1_250.gif
http://25.media.tumblr.com/tumblr_lpu81akB4e1qka4llo8_250.gifhttp://24.media.tumblr.com/tumblr_lpu81akB4e1qka4llo9_r1_250.gifhttp://25.media.tumblr.com/tumblr_lpu81akB4e1qka4llo10_250.gif

[low preference guy]

going viral, it was just posted at hotair (http://hotair.com/archives/2012/09/05/peter-schiff-to-democrats-at-convention-would-you-support-banning-profits/)

[BSU kid]

I have been spreading this to other internet forums, hoping to turn this viral.

[TroySmith]

Yikes!

[torchbearer]

must go viral-

[BSU kid]

It's amazing they let him in there in the first place...just saying.

[torchbearer]

It's amazing they let him in there in the first place...just saying.

i think he got press pass for schiff radio.

[trey4sports]

We NEED Mr. Schiff nationally syndicated! That was the best damn interview ive seen in a while!

[trey4sports]

i think he got press pass for schiff radio.

Well yeah but youd think the press committe (do they have one of those?) would look up what schiff radio is before they grant him the pass.

[Carehn]

https://www.youtube.com/watch?v=07fTsF5BiSM&feature=player_embedded#!

[Lord Xar]

If someone says "what is so wrong with capping profits...".

What would you say?

[dbill27]

If someone says "what is so wrong with capping profits...".

What would you say?

Well, the first thing I would say is that my retirement savings are tied up in the profits from corporations throught the stocks I own.

[MRoCkEd]

going viral, it was just posted at hotair (http://hotair.com/archives/2012/09/05/peter-schiff-to-democrats-at-convention-would-you-support-banning-profits/)
Nice!

[RonRules]

60,000 views.

We need 600,000 for an "official" viral.

[ghengis86]

That's the last time he'll be allowed at a DNC event, that's for sure.

[Occam's Banana]

Well yeah but youd think the press committe (do they have one of those?) would look up what schiff radio is before they grant him the pass.

They probably get *far* too many press credentials applications for them to vett on a case-by-case "litmus test" basis.

But after a trolling of such epic proportions as this, they might very well "red flag" him for future conventions!

Van Jones seemed to be aware of who he was, at any rate ...

[pochy1776]

This makes Tampa look like Libertaran Mecca!

[Working Poor]

LOL I am posting this at the liberal sites

[WarNoMore]

lol. What did he say to the woman at the end to make her think he was one of the smartest people down there? I need to hear the talking points he used.

Is there anybody that does the Stephen Colbert thing, but satirizing liberals instead of republicans?

[mport1]

must go viral-

Let's do a Drudge bomb. He would love this.

[king_nothing_]

Those people are...delegates?

This is a perfect example of why democracy is a horrible idea. It's not just mob rule, it's braindead masses rule.

[NewRightLibertarian]

Nice vid. Stuff like this will boost his profile in Republican circles

[dbill27]

Nice vid. Stuff like this will boost his profile in Republican circles

I've been sending it to redstate even though i hate redstate. Peter needs to blow up in popularity.

[ravedown]

meh-too easy. this is what the left is famous for pulling. schiff can do better. you don't go to a football game and ask the cheerleaders to explain a prevent defense.

[V-rod]

By capping profits, I'd imagine that some of them meant limiting CEO pay (which is dumb).

Who the hell would invest in a company if there will be crummy returns? Don't those people know that businesses need capital to grow? Do they all think that government and small businesses is all that an economy needs? Yeah, maybe in a 3rd world country.



Forgive them, for they know not what they say.

[Occam's Banana]

you don't go to a football game and ask the cheerleaders to explain a prevent defense.

But if you did, I bet you'd find more cheerleaders who *could* explain prevent defense than you could find DNC delegates who could explain basic principles of sound economics.

And I'm willing to bet that most cheerleaders who don't understand prevent defense won't try to pretend that they do - and insist that the coaching staff take them seriously, to boot.

[seraphson]

Banning corporate profits = 100% corporate income tax

I like the simplicity of this equation. But the real problem is that they think the problem simply ends there. It isn't actually a conclusion. Why the hell would the owners of a corporation operate if there is zero incentive (profitability) to run it? Is that greedy? By that same logic anyone that performs anything for anyone for something is greedy. This logic is flawed since it somehow arbitrarily "kicks in" once people make higher than average wages (this is called envy boys and girls). I love how people only look through the eyes of the mainstream consumer. I love how I could almost guarantee that 99% of these individuals would probably shut up if it was them on the 100th floor of some snazy building wearing thousand dollar suits. I love how these same idiots simply clamor and rave for more and bigger government yet it's the god damned government that props up the fucking corporations they hate so god damned much! It's brilliant!

[Bastiat's The Law]

LOL I am posting this at the liberal sites
Awesome give us a link so we can see how they react :D

[shane77m]

These same people would be first ones wanting to bail out the corporations when they start to fail.

[green73]

Peter just made Drudge with this article!
http://www.humanevents.com/2012/09/06/hey-lets-ban-corporate-profits/

[MoneyWhereMyMouthIs2]

"I will support anything my president wants to do."

Good citizen.


And she started off the most reasonable of the bunch so far. LOL

[alucard13mmfmj]

as a former liberal...

why should a company's CEO or board get million of dollars a year, while its hard working employees get 30-50k a year?

But now...

if a company treat's it's employees as trash, then dont buy from the company and maybe it'll go out of business.
Can't force a company to treat it's employees well. The CEO of Lenovo in China got like a 14million USD bonus for increased profits gained for the company. I believe he gave all his employees a 300 USD bonus for the month. 300 USD is a lot of money in some parts of china.

Wish there were "Ron Paul democrats"

[TonySutton]

while watching the video I am laughing but inside I could feel the stress start building as my mind was realizing that yes there are people out there that are really this stupid... and they vote :(

[cstarace]

as a former liberal...

why should a company's CEO or board get million of dollars a year, while its hard working employees get 30-50k a year?
Because that's what the market dictates.

[farreri]

As a former liberal too (and not trying to be an apologist), you have give them a little break in understanding why they'd wish for no corporate profits. Most liberals see the market as totally rigged in big corporation's favor (which I totally agree it is), so that is allowing big corps to make "obscene" profits and so in their eyes, one way to counteract this unfair advantage given to big corps would be the idea to "ban" corporate profits.

[John F Kennedy III]

Lol that was hilarious!

[LatinsforPaul]

As a former liberal too (and not trying to be an apologist), you have give them a little break in understanding why they'd wish for no corporate profits. Most liberals see the market as totally rigged in big corporation's favor (which I totally agree it is), so that is allowing big corps to make "obscene" profits and so in their eyes, one way to counteract this unfair advantage given to big corps would be the idea to "ban" corporate profits.

Totally agree and it's called Corporatism...


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

[pacelli]

just sent link to the video to drudge..

[NewRightLibertarian]

I've been sending it to redstate even though i hate redstate. Peter needs to blow up in popularity.

His arrogant persona seems like it would appeal to mainstream Republicans. Plus, he comes off as very much a pro-Wall Street suit-wearin' kind of guy. I think he could possibly be an 'economic guru' for the Republican Party in the not too distant future.

[TheBlackPeterSchiff]

His arrogant persona seems like it would appeal to mainstream Republicans. Plus, he comes off as very much a pro-Wall Street suit-wearin' kind of guy. I think he could possibly be an 'economic guru' for the Republican Party in the not too distant future.

I hope not. Not that I have a problem with Schiff (obviously)..but I think anything associated with the GOP will be devalued and marginalized.

[andrianochel]

This is hilarious and disturbing at the same time. Just shows you how ready we are to convert to total socialism. I love Peter Schiff though!

[TheBlackPeterSchiff]

Holy **** that was hilarious. Just shows how brain dead they are.

[dannno]

lol, that last comment was amazing!!

[FrankRep]

http://thenewamerican.com/media/k2/items/cache/d4aa9bfc03cc95f0056843d94472ab79_XL.jpg



Peter Schiff Baits DNC to "Ban Corporate Profits" (http://thenewamerican.com/usnews/politics/item/12758-peter-schiff-baits-dnc-to-%E2%80%9Cban-corporate-profits%E2%80%9D)


Thomas R. Eddlem | The New American (http://thenewamerican.com/)
08 September 2012


Free-market financial analyst, author (http://www.amazon.com/gp/product/1250004470/ref=as_li_ss_tl?ie=UTF8&camp=1789&creative=390957&creativeASIN=1250004470&linkCode=as2&tag=libert0f-20) and radio talk-show host (http://schiffradio.com) Peter Schiff made some waves online with his baiting of delegates at this week's Democratic National Convention. Schiff, microphone in hand, trotted down to the DNC confab in Charlotte, North Carolina, and asked delegates to agree to a platform change to ban all corporate profits. About half of those filmed on his YouTube video (http://www.youtube.com/watch?v=07fTsF5BiSM), which already has more than half a million views in just a few days, did agree. (See video below.)

“Let's see how far to the left the Democrats are willing to go,” Schiff's video suggested, as the free-market champion engaged in the following kind of dialogue with delegates:



Schiff: “Those corporations want their profits, but we need the money, the people. We deserve that money. I mean, we do the hard work. We do all the shopping, right?”

Delegate: “That is true, yes.”

Schiff: “Without the consumer, there is no profits.”

Delegate: “That is also true. Yes.”

Schiff: “We demand our share of the pie.”

Delegate: “Also true.”

Schiff: “Well, you're a good Democrat.”


Schiff, a well-known adherent to the free market Austrian School of economics (http://www.mises.org/), clearly demonstrated a thorough fluency in “leftist-speak.” Schiff told one delegate: “Corporations have profits, and I want to ban those profits so that the workers can have higher wages and that the consumers can have lower prices.”

All but one of the Democrats interviewed by Schiff on the five-minute YouTube video (http://www.youtube.com/watch?v=07fTsF5BiSM&feature=player_embedded) agreed that the federal government should at least put a cap on corporate profits. Nine of the nineteen interviewed called for a total ban on corporate profits, which would completely destroy all small businesses. The latter figure includes one young woman, who may have been too young to be a delegate, who called for a federal law to make all corporations to “lose” money.

Schiff attained national fame for predicting the housing and financial crisis of 2007-08 with astonishing precision on national financial television interviews, years before the events unfolded. One of his fans compiled some of his 2005-07 interviews in a YouTube video, entitled “Peter Schiff Was Right (http://www.youtube.com/watch?v=2I0QN-FYkpw),” that received millions of views.

The Peter Schiff radio show is syndicated nationally by the Radio America network, and Schiff replaced radio legend G. Gordon Liddy's (http://www.talkers.com/tag/g-gordon-liddy/) time slot (10 a.m.-1 p.m. Eastern time) after the latter retired July 27. Schiff's show is broadcast online and through 50 terrestrial radio affiliates (http://schiffradio.com/f/affiliates) across the nation.



http://www.youtube.com/watch?v=07fTsF5BiSM
http://www.youtube.com/watch?v=07fTsF5BiSM

607,220 Views!


SOURCE:
http://thenewamerican.com/usnews/politics/item/12758-peter-schiff-baits-dnc-to-%E2%80%9Cban-corporate-profits%E2%80%9D

[VBRonPaulFan]

that place was full of people so completely ignorant of economic theory that it's mind boggling.

every one of those people for banning profits that accepts a paycheck for their job should be ostracized and called out for being the hypocrite they are.

[georgiaboy]

for the win!

[The Freethinker]

I don't know if I should laugh or cry. This is even worse than the leftists who openly insulted Peter Schiff when he went to Wall Street to talk to the Occupy protesters.

[qh4dotcom]

60,000 views.

We need 600,000 for an "official" viral.

It's got 633,041 right now

[TheTexan]

Let this just be a reminder, that if by some miracle we were to convince the entire Republican Party to get on board with our message, we would still have the Democrats to deal with...

[FrankRep]

924,005 Views!