Double the fun: Peter Schiff versus Occupy Wall Street, round two

posted at 3:25 pm on October 27, 2011 by Allahpundit

Yesterday’s crowd-pleaser from MRC TV was just an appetizer. Here’s the main course via Reason — almost 19 minutes of Schiff taking on all comers at Zuccotti Park like some sort of Austrian-school ninja. Watch for the part where he breaks out the rhetorical nunchucks against regulation on grounds that everyone wants to pay lower prices for goods and is duly informed by a guy in a Guy Fawkes mask and keffiyeh that … no, not everyone does. There’s your “Obama 2012″ campaign slogan, I guess.

Elsewhere in the park, the revolution might not be televised but apparently it will be catered. With one caveat: You only get to eat if you’re doing something productive for the cause, like drumming 15 hours a day. You see, the people’s mess hall doesn’t have time for … freeloaders.

The Occupy Wall Street volunteer kitchen staff launched a “counter” revolution yesterday — because they’re angry about working 18-hour days to provide food for “professional homeless” people and ex-cons masquerading as protesters.

For three days beginning tomorrow, the cooks will serve only brown rice and other spartan grub instead of the usual menu of organic chicken and vegetables, spaghetti bolognese, and roasted beet and sheep’s-milk-cheese salad.

They will also provide directions to local soup kitchens for the vagrants, criminals and other freeloaders who have been descending on Zuccotti Park in increasing numbers every day…

Today, a limited menu of sandwiches, chips and some hot food will be doled out — so legitimate protesters will have a day to make arrangements for more upscale weekend meals.

In other words, a guy with no job who’s been sleeping in the park for a month and prone to saying things like “power to the people” is entitled to feast on sheep’s-milk-cheese salad, but a guy with no job who’s been sleeping in the park for years and prone to saying things like “I’m hungry” has to make do with whatever the local soup kitchen is shoveling. Some occupiers really are more equal than others.

Be sure to read to the end of the Post’s article for details on the confrontation between OWS’s self-appointed security team and the “trouble-prone southwest section of Zuccotti Park,” which is troublesome enough that some women have reportedly abandoned the protest in fear for their own safety. (No one knows how bad it is inside because there’s an informal “stop snitching” policy that’s intimidating people into not reporting crimes.) Zuccotti Park isn’t that big so some of this must be going on right under the NYPD’s nose, yet for political reasons, Bloomberg and the landlord are apparently content to let the movement’s own “security volunteers” handle it rather than risk a confrontation by intervening themselves. Disgraceful, and needless to say, the outrage it would inspire if the protesters’ politics were different would be apocalyptic. As it is, if someone does get seriously hurt in there, they should sue every city official and agency in sight — Bloomberg, Ray Kelly, straight down the line. They might not win but the shame alone will be worth it.

Breaking on Hot Air

Blowback

Note from Hot Air management: This section is for comments from Hot Air's community of registered readers. Please don't assume that Hot Air management agrees with or otherwise endorses any particular comment just because we let it stand. A reminder: Anyone who fails to comply with our terms of use may lose their posting privilege.

Trackbacks/Pings

Trackback URL

Comments

Comment pages: 1 2

Watch the whole 19 minute vid, it’s gold.

Jason Coleman on October 27, 2011 at 3:27 PM

Watch the whole 19 minute vid, it’s gold.

Jason Coleman on October 27, 2011 at 3:27 PM

I can’t watch YouTube clips at work, but I’ll check it out later.

Doughboy on October 27, 2011 at 3:34 PM

I like the guy in the top video “government made slavery illegal” – but didn’t they make it legal in the first place?

lorien1973 on October 27, 2011 at 3:36 PM

Zuccotti Park isn’t that big so some of this must be going on right under the NYPD’s nose, yet for political reasons, Bloomberg and the landlord are apparently content to let the movement’s own “security volunteers” handle it rather than risk a confrontation by intervening themselves.

You aren’t just whistin’ Dixie.

Kataklysmic on October 27, 2011 at 3:39 PM

“Never argue with a fool” said the grown OWS adult who is wearing a yellow mask on his head several days before Halloween.

The faults we find in others are often our own worst faults, Mr. OWS Man.

wren on October 27, 2011 at 3:39 PM

“because they’re angry about working 18-hour days to provide food for “professional homeless” people and ex-cons masquerading as protesters”.

Seems like the 99% do like the OTHER 1%….that being the homeless.

Opposite Day on October 27, 2011 at 3:39 PM

Portland occupiers are looking to move someplace where they can keep out riff raff

darwin-t on October 27, 2011 at 3:40 PM

someone does get seriously hurt in there,

It’s just a matter of time…

d1carter on October 27, 2011 at 3:42 PM

I love the guy complaining about Steve Jobs manufacturing in China. First of all, Steve Jobs has made it clear why he manufactured overseas, and even tried to explain that to our president.

BUT…this guy says Americans don’t want cheap products. He thinks Americans are willing to pay more to get American things….except their American college education. That they don’t want to pay for anymore.

MayBee on October 27, 2011 at 3:43 PM

Another righteous post from Allahpundit.

radioboyatl on October 27, 2011 at 3:43 PM

The guy with the mask on the back of his head is a product of educational system…

d1carter on October 27, 2011 at 3:44 PM

Peter is just too cool!

How did he ever loose in the election? I want him for president.

singlemalt 18 on October 27, 2011 at 3:46 PM

lorien1973 on October 27, 2011 at 3:36 PM

So they make stupid comments like that, then rape women turning them into sex slaves, then intimidating them from reporting that a crime was done to them? They’re harboring rapists, and that’s not enough of an outrage to all female protestors? My God, if they ever got behind the wheel of running this country, we’re all doomed!!!

capejasmine on October 27, 2011 at 3:46 PM

How do they determine the freeloaders from the other freeloaders..?

d1carter on October 27, 2011 at 3:47 PM

Dumbass, the lack of “social freedom” was based on government policy, not because Esso was making money.

mankai on October 27, 2011 at 3:48 PM

everyone wants to pay lower prices for goods

Even if it means destroying more of the environment or cutting the wages of the people wanting lower prices for goods. You know, processed food and factory farms just make things cheaper, and to hell with the anti-biotic resistent consequences.

I think I’m starting to get the hang of this right-wing thinking…

ernesto on October 27, 2011 at 3:48 PM

Portland occupiers are looking to move someplace where they can keep out riff raff

darwin-t on October 27, 2011 at 3:40 PM

Looks like that’s not their only problem.

Occupy Portland fears it has lost up to $20,000 in donations

LOL

Knucklehead on October 27, 2011 at 3:49 PM

“..we just want someplace to live..food in our refrigerators..”

Beyond belief! The mind boggles and this is just at the beginning of the 20-minute screed.

The War Planner on October 27, 2011 at 3:49 PM

Support the Federal Board of Education!

/

mankai on October 27, 2011 at 3:49 PM

That Peter Schiff… sharp cookie.

I wonder who he is supporting for POTUS?

JohnGalt23 on October 27, 2011 at 3:50 PM

ernesto on October 27, 2011 at 3:48 PM

Watch the video.

mankai on October 27, 2011 at 3:50 PM

Oh how I wish I was where that lady was. Please Peter, place me in the 1%!!

I love how he says what is fair for me to pay and all she does is scream about the Bush Tax Cuts. :D

Rich on October 27, 2011 at 3:50 PM

I laughed at that one too Knucks

darwin-t on October 27, 2011 at 3:52 PM

These OWS people need to move to the People’s Republic of Santa Monica…

They’d fit right in…

Khun Joe on October 27, 2011 at 3:52 PM

I think I’m starting to get the hang of this right-wing thinking…

ernesto on October 27, 2011 at 3:48 PM

You haven’t started getting then hang of *any* thinking, yet, bub.

Midas on October 27, 2011 at 3:52 PM

Looks like that’s not their only problem.

Occupy Portland fears it has lost up to $20,000 in donations

LOL

Knucklehead on October 27, 2011 at 3:49 PM

..between the 2-hour free-kitchen hiatus and the new free brown-rice only menu in Zucotti park and clearing out the Oakland/OWS, and this, it looks like these people are getting a heavy dose of reality and finding out it sucks big time.

Welcome to the cruel world, folks!

The War Planner on October 27, 2011 at 3:52 PM

ernesto on October 27, 2011 at 3:48 PM

Spent some time farming for straw this weekend did you?

lorien1973 on October 27, 2011 at 3:53 PM

Even if it means destroying more of the environment or cutting the wages of the people wanting lower prices for goods. You know, processed food and factory farms just make things cheaper, and to hell with the anti-biotic resistent consequences.

I think I’m starting to get the hang of this right-wing thinking…

ernesto che on October 27, 2011 at 3:48 PM

You don’t have to buy anything you don’t want to buy. You are free to buy expensive “natural” products all you want. Do you want the government to tell people what to buy and what to pay for things? Who is going to invest in such a system, che?

Better yet, why don’t you invest your money and compete with such garbage products. Charge $30 for a pound of your super-duper, natural, free range cheese and see if anybody wants to buy it. The 99% apparently don’t care what something costs so you should be in great shape!

mankai on October 27, 2011 at 3:54 PM

Watch the video.

mankai on October 27, 2011 at 3:50 PM

Why bother? He’s probably in it.

CurtZHP on October 27, 2011 at 3:54 PM

Disgraceful, and needless to say, the outrage it would inspire if the protesters’ politics were different would be apocalyptic.

These protestors would be outraged if the same things were happening to them in some other place.
You think they’d allow their university to refer rapists to some therapy board?
You think they’d allow WalMart to have people “volunteering” to work 18 hour days?

This is another prime example of progressives who want rules to apply to other people.

MayBee on October 27, 2011 at 3:55 PM

It does always come back to Orwell… always.

WordsMatter on October 27, 2011 at 3:55 PM

“Everyone in this park wants low prices!”

“No! No we don’t!”

Love that.

somewhatconcerned on October 27, 2011 at 3:55 PM

The guy that claims that government ended “Jim crow” laws in the South needs to read up on his history.

There were private bus lines in the South that resisted treating their black passengers any differently from their white passengers because their black passengers made up a good deal of their business.

It wasn’t until the government took over the local transportation that those rules were enforced. And why did they get enforced? Because the bus lines no longer had to worry about a profit since losses could be subsidized by taxes and no new competition could come in.

That history is not hard to find and yet this kid thinks that corporations created Jim Crow LAWS and government saved people from them.

JadeNYU on October 27, 2011 at 3:57 PM

I think the young looking Harry Belefonte dude could be turned to be conservative.

hip shot on October 27, 2011 at 3:58 PM

Speaking of the 1%
 

I went to Catholic school for 12 years… that’s what’s taught by Catholics, at least in the Scarsdale parish of the Archdiocese of New York.
 
ernesto
on October 26, 2011 at 6:18 PM

 
in the Scarsdale parish
***median home worth $973,027 vs the rest of NY’s $300k***
and
***median household income $202,000 vs the rest of NY’s $55k***
 
thanks for the demographic info. I’m sure many of us are wondering something now, though:
 
How does it feel to be part of the 1%?
 
rogerb on October 26, 2011 at 7:02 PM

rogerb on October 27, 2011 at 3:59 PM

No Snitch Rule…. HA!

Kini on October 27, 2011 at 3:59 PM

How is this idiot with the mask any different from that fool Bill Maher has on all of the time? Dyson or something. Talk fast and loud and never come up for air. Overwhelm your opponent with the speed and volume of your stupidity!
Schiff is fantastic.

Sugar Land on October 27, 2011 at 3:59 PM

JadeNYU on October 27, 2011 at 3:57 PM

It’s true – corporations have nothing to do with slavery or Jim Crow. The responsibility for that rests solely on southern voters and their elected representatives. No corporations – just regular folks and the people they voted for.

ernesto on October 27, 2011 at 3:59 PM

ernesto che on October 27, 2011 at 3:48 PM

Didn’t you make a big enough fool of yourself in the other Peter Shiffer post before running away?

Scrappy on October 27, 2011 at 4:00 PM

I think I’m starting to get the hang of this right-wing thinking…

ernesto on October 27, 2011 at 3:48 PM

Here’s the left-wing thinking:

I’m willing to pay higher prices for goods.
But don’t include medical care in that. That I want someone else to pay for.
Oh, and don’t include my student loan in that. I’m not really willing to pay that off.
Oh, and I’m not willing to pay bank fees. Those banks are rich, man.

MayBee on October 27, 2011 at 4:00 PM

These are the types of folks that believe that if the Department of Education was disbanded then education in America would descend into anarchy or even stop altogether. Unreal.

visions on October 27, 2011 at 4:00 PM

rogerb on October 27, 2011 at 3:59 PM

I lived in Yonkers at the time. The public schools there were still going through a messy legally mandated de-segregation when I was first entering school, so my parents spent all their money to send me to a Catholic school on the other side of the tracks. Good call on their part, but they certainly weren’t making scarsdale money.

ernesto on October 27, 2011 at 4:01 PM

These OWS people need to move to the People’s Republic of Santa Monica…

They’d fit right in…

Khun Joe on October 27, 2011 at 3:52 PM

No thanks!

It’s bad enough living in Santa Monica as it is.

I’m already worried that, as winter sets in, people that are flocking to protests in places with real winters will migrate to SoCal to continue the ‘good fight’.

One thing is for sure – our homeless are fairly savvy. I don’t think it will fly for the protestors to try to feed the regular homeless brown rice and the ‘freedom fighters’ gourmet food.

JadeNYU on October 27, 2011 at 4:02 PM

Schiff happens.

Mike Honcho on October 27, 2011 at 4:02 PM

Most of these people are so defiantly uninformed and proudly economically illiterate it’s painful to listen to them.

rrpjr on October 27, 2011 at 4:03 PM

I hope this guy never shows up at a GOP debate. He would wipe the floor with our sad lot.

faraway on October 27, 2011 at 4:04 PM

It’s so cute how these kids think they’re “pro-capitalism”.

“I’m for capitalism… I just want the most successful capitalists to give up the majority of their money to the government!”

salmonczar on October 27, 2011 at 4:05 PM

The guy at the end is deluded. I saw the local “Occupy” events and they were thoroughly anti-capitalist.

mankai on October 27, 2011 at 4:05 PM

I got a kick out of the woman who said she is in the 1% but pays 10% income tax.

matd on October 27, 2011 at 4:07 PM

It does always come back to Orwell… always.

WordsMatter on October 27, 2011 at 3:55 PM

…and Rand.

Midas on October 27, 2011 at 4:08 PM

These videos just prove what we already know: the OWS people are basing their protests on false assumptions, which are of course perpetuated by CNN, MSNBC, CBS news, NBC news, HuffPo, WashPo, etc…

These videos are brilliant.

jediwebdude on October 27, 2011 at 4:09 PM

From yesterdays post…

We are loosing the narrative…

… Just like in the financial collapse, the Democrats did everything to shift the blame away from them and their social engineering policies.

When it was all over, they had the House, Senate, and Presidency in 2008, and blamed the Republicans…

… Now, after Trillions in spending, Marxist/socialist policies, endless regulation, Frank/Dodd, Obowmacare, the bailouts, Solyndra et al., oil moratorium, and Obowma getting just about everything he has wanted while organizing the protests, the meme is that the 1% isn’t paying their fare share.

Somehow, someway, the TRUTH has to be shouted 24/7/365 to drown out these protests…

… and put the blame squarely where it belongs.

Seven Percent Solution on October 26, 2011 at 6:10 PM

Thanks Peter…

Seven Percent Solution on October 27, 2011 at 4:10 PM

jediwebdude on October 27, 2011 at 4:09 PM

Is the assumption that corporations have an outsized say in policy and elections false?

ernesto on October 27, 2011 at 4:11 PM

jediwebdude on October 27, 2011 at 4:09 PM

And the assumption that large banks are entitled to preferential treatment, treatment that is never extended to individuals without a huge fight, is that false too?

ernesto on October 27, 2011 at 4:12 PM

I love the guy who proposes a marginal rate of 70%.

Go ahead… take it to the American people. I think that should be the Democrats’ rallying cry… we want a 70% income tax rate.

See just how well it goes over.

JohnGalt23 on October 27, 2011 at 4:13 PM

“Meeeem”

nottakingsides on October 27, 2011 at 4:13 PM

ernesto on October 27, 2011 at 3:59 PM

Indeed.

What I find interesting is that you look down on them for something that is very common – growing up with the mindset you were taught from your parents (which they learned from their parents who learned it from their parents and so on).

For the most part we are all products of the time, place and people we are born to. Certainly a few people (a much smaller group than most people would like to admit) are true ‘individuals’ that think revolutionary thoughts, but, most of us are very similar to those around us.

I can no more blame someone from the Jim Crow South for being a racist than I can blame someone born and raised in 1970′s USSR for being a communist.

You feel superior to them because you grew up thinking differently than they did, but, you also grew up in a different time and place.

Has it ever occurred to you that they went through a huge, paradigm altering upheaval that rocked their world and forced them all to live a different life than the one they were born and raised to believe was natural and, for the most part they did it with relatively little bloodshed. And, yes, I know quite a bit of it did get ugly, but, entire countries have been torn apart and civil wars with millions of dead have been started over less turmoil than what the South went through in the 60′s.

Their entire world changed over a few years and the vast majority of them sucked it up and dealt with it.

Should we be proud of the fact that they were racists – absolutely not. However, I think they deserve credit for dealing with the changes as well as they did. Instead, they get judged by someone from you that feels so superior because you get to look back on them from your time and place and say, “I would never have done something like that.”

JadeNYU on October 27, 2011 at 4:13 PM

jediwebdude on October 27, 2011 at 4:09 PM

What about the assumption that conservative tax plans would lessen the burden on the wealthy while increasing it on the poor and middle class? False?

ernesto on October 27, 2011 at 4:14 PM

my parents spent all their money to send me to a Catholic school
 
ernesto on October 27, 2011 at 4:01 PM

 
All? Really? Whatever you say, 1%.

rogerb on October 27, 2011 at 4:14 PM

Is the assumption that corporations have an outsized say in policy and elections false?

ernesto on October 27, 2011 at 4:11 PM

If that’s true, whose fault is it?

And which corporations had an outsized impact on the 2008 elections?

Midas on October 27, 2011 at 4:15 PM

OT: S&P up 3%. Not much of a recession there, huh? I wonder why that is…

ernesto on October 27, 2011 at 4:15 PM

Who is that 1%er woman that only pays 10%. I call “You Lie” or I want her accountant.

lakeman on October 27, 2011 at 4:16 PM

Most of these people are so defiantly uninformed and proudly economically illiterate it’s painful to listen to them.

rrpjr on October 27, 2011 at 4:03 PM

Basic economic principles are counter-intuitive. Understanding economics is like golf. Virtually no one is a “natural” at golf: a powerful, accurate, repeatable golf swing is a counter-intuitive, unnatural motion that can take years to achieve. Economics is similar in that it takes a lot of effort and reading to understand how things work in the real world…sometimes economic principles operate in the exact opposite way that one might assume at first.

This is why some people that are wildly successful in their narrow field of expertise (lawyers, doctors, entrepreneurs, etc.) vote for Leftists (against their own interests). Why did Michael Jordan suck at baseball? He stepped out of his extremely narrow field of expertise.

visions on October 27, 2011 at 4:16 PM

Meanwhile, from Doublestandardville:

Richmond tea party: Charge Occupy protesters or refund $10,000 we spent to rally in Virginia
http://www.therepublic.com/view/story/850c772fd9004fc5ac0585aef836fefb/VA–Tea-Party-Occupy-Protests/

Richmond, Va. — The Richmond tea party is demanding a refund of about $10,000 from the city, claiming it unfairly charged them for rallies while allowing the Occupy protesters to use the same space for several weeks for free.

Colbyjack on October 27, 2011 at 4:16 PM

We are the 99%! Except the bottom 10%, they can go to hell for all we care.

John Deaux on October 27, 2011 at 4:17 PM

What about the assumption that conservative tax plans would lessen the burden on the wealthy while increasing it on the poor and middle class? False?

ernesto on October 27, 2011 at 4:14 PM

Maybe you continue to miss the facts that show almost annually that the number of people paying no taxes increases while the number of people paying taxes is shrinking? That ever more and more taxes are being paid by “the rich” than before? That “the rich” is an ever-increasing range of people that now includes more middle-class folks than ever before?

Midas on October 27, 2011 at 4:18 PM

…so my parents spent all their money to send me to a Catholic school on the other side of the tracks. Good call on their part, but they certainly weren’t making scarsdale money.

ernesto on October 27, 2011 at 4:01 PM

…so did mine. My parents were lower middle class. Mother worked in a candy factory for 30 years. My father rented houses and apartments in lower-income areas at some of the cheapest rates in town, and did almost all the maintenance himself.

Yet, they were, and are, conservative. They are capitalists. As am I.

Guess I went to a better Catholic school than you did(and it was probably one of the more liberal Catholic schools you could attend).

MadisonConservative on October 27, 2011 at 4:20 PM

OT: S&P up 3%. Not much of a recession there, huh? I wonder why that is…

ernesto on October 27, 2011 at 4:15 PM

You don’t pay much attention to the news, do you?

Seriously – do you plan to be an uninformed nitwit your entire life?

Midas on October 27, 2011 at 4:20 PM

Midas on October 27, 2011 at 4:18 PM

You’re right – more and more people will join the ranks of those who do not pay income tax, because more and more people are retiring and living on fixed incomes! Add to them all the asset-less students and there’s your non-paying bloc. Either way, conservative tax proposals absolutely seek to increase the burden on those with lesser means, while lessening the burden on those with the greatest means. It’s the truth. Now, you can say that it’s a necessary truth to combat what you see as too many old people and students getting a free ride, but it is what it is.

ernesto on October 27, 2011 at 4:21 PM

OT: S&P up 3%. Not much of a recession there, huh? I wonder why that is…

ernesto on October 27, 2011 at 4:15 PM

I’m guessing, in your typical ignorant fashion, that you didn’t read anything past the headline. That rise is largely linked to the EU’s plans to bail out Greece.

MadisonConservative on October 27, 2011 at 4:21 PM

What about the assumption that conservative tax plans would lessen the burden on the wealthy while increasing it on the poor and middle class? False?

ernesto on October 27, 2011 at 4:14 PM

I bought a pair of khakis at The Gap and had a 50% off coupon, so I saved $20. Some rich guy behind me bought a whole bunch of clothes and had a 10% off coupon and he saved $30. This situation is grossly unfair because he saved more money than I did, right?

Kataklysmic on October 27, 2011 at 4:22 PM

OT: S&P up 3%. Not much of a recession there, huh? I wonder why that is…

ernesto on October 27, 2011 at 4:15 PM

BTW, do check back in the next time it’s down 3% and share your economic wisdom *then*, m’kay? You won’t have to wait long, and we’ll be looking forward to your words of enlightenment.

Midas on October 27, 2011 at 4:22 PM

That second video was so good… I need a cigarette!!!

Kini on October 27, 2011 at 4:23 PM

Some people have an amazing definition of the economy. The fellow in the second video wearing the Monmouth University sweatshirt unintentionally describes the most commonly held piece of lunacy. He asks Schiff why someone capable of earning $100 million can’t be less greedy and accept only $50 million. Left unsaid but clearly implied is the mans belief that the $100 million already exists, and it’s sitting somewhere in a pile waiting to be taken. If the greedy capitalist would only be satisfied with $50 million that would leave the other half for the “people”.

That money hasn’t been created yet, and isn’t until the capitalist makes it. When he or she does make it, more money comes into being. It is “made” both figuratively and literally.

If those protesters would work perhaps they would understand.

MTF on October 27, 2011 at 4:25 PM

I bought a pair of khakis at The Gap and had a 50% off coupon, so I saved $20. Some rich guy behind me bought a whole bunch of clothes and had a 10% off coupon and he saved $30. This situation is grossly unfair because he saved more money than I did, right?

Kataklysmic on October 27, 2011 at 4:22 PM

OMGZ, off with his head, and free khakis for the oppressed peoplez!!!11!1

Midas on October 27, 2011 at 4:26 PM

Tonight, its The Reason TV Free-Market Free-for-All Fight Night Round 1: The Numba 1% Stunna vs. The Whiner 99ers!

Let’s get ready to ruuuuuuuummmmmmmmble!

Lawdawg86 on October 27, 2011 at 4:27 PM

OT: S&P up 3%. Not much of a recession there, huh? I wonder why that is…

ernesto on October 27, 2011 at 4:15 PM

Gee, now I thought that the Obammy didn’t have any thing to do with the economy?

Or is that only when it’s bad news?

Chip on October 27, 2011 at 4:27 PM

ernesto on October 27, 2011 at 4:21 PM

Once a majority pays no taxes, they will have no incentive whatsoever to vote to lower taxes on the minority. You will have a tyranny of the majority that votes to force the minority to subsidize their lifestyles through taxes. The poor will support the government in taking away private property to distribute to the non-working, non-productive, non-contributing masses.

If that’s what you want, admit it.

If that’s not what you want, then yes, EVERYONE needs to pay their share. That includes most of the 47%. EVERYONE needs skin in the game.

MadisonConservative on October 27, 2011 at 4:27 PM

MTF- I think a lot of people believe the government prints up a certain amount of money and it circulates around and around (unless it gets hoarded by some rich guy).
Michelle Obama campaigned on this smaller piece of the pie theory of economics.

MayBee on October 27, 2011 at 4:28 PM

MadisonConservative on October 27, 2011 at 4:27 PM

So then you go out and call for taxes on SS benefits. Go on, I’ll wait.

ernesto on October 27, 2011 at 4:32 PM

ernesto on October 27, 2011 at 4:21 PM

Once a majority pays no taxes, they will have no incentive whatsoever to vote to lower taxes on the minority. You will have a tyranny of the majority that votes to force the minority to subsidize their lifestyles through taxes. The poor will support the government in taking away private property to distribute to the non-working, non-productive, non-contributing masses.

If that’s what you want, admit it.

If that’s not what you want, then yes, EVERYONE needs to pay their share. That includes most of the 47%. EVERYONE needs skin in the game.

MadisonConservative on October 27, 2011 at 4:27 PM

Agreed.

Many a wise man of the past warned us of this danger, but apparently some have such a desire for sheer political power that they don’t care about the implications of it.

Chip on October 27, 2011 at 4:33 PM

ernesto on October 27, 2011 at 4:32 PM

So you don’t see any danger to a Republic that has a majority segment that does not bear at least part of the burden of government?

Parts of which get a net gain from the government?

Chip on October 27, 2011 at 4:35 PM

Chip on October 27, 2011 at 4:35 PM

They bore that part when they earned money their whole lives working. Now they’re old and can’t work – and you want to hit them up for cash? That’s supposed to be better than asking those with the most means? On what planet?

ernesto on October 27, 2011 at 4:37 PM

From yesterday’s thread:

I wish that video was longer.

Abby Adams on October 26, 2011 at 4:41 PM

My wish came true!

Abby Adams on October 27, 2011 at 4:38 PM

Ernesto, watching you complain about capitalism while using your personal computer, or cell phone, is very amusing.

kingsjester on October 27, 2011 at 4:41 PM

ernesto on October 27, 2011 at 4:37 PM

So you can’t answer a question on an obvious problem and so you attempt at this little SS taxes distraction?

Come on, you can do better than that.

Chip on October 27, 2011 at 4:42 PM

Chip on October 27, 2011 at 4:42 PM

How much clearer can I be? The answer is no, I don’t see the danger in letting seniors who can’t work go without paying income taxes on their fixed income. And I certainly don’t find the “solution” to this problem to be hiking taxes on the working poor and middle class.

ernesto on October 27, 2011 at 4:45 PM

ernesto on October 27, 2011 at 4:45 PM

Do you want a society where the majority of taxpayers are Incentivised to vote for more and more largess from the public treasury?

Chip on October 27, 2011 at 4:46 PM

kingsjester on October 27, 2011 at 4:41 PM

Personal computers were developed in an era with higher taxes, more welfare, and more regulation. The argument that such policies would somehow prevent capitalism from working to the point that it could provide such innovation is ridiculous.

ernesto on October 27, 2011 at 4:47 PM

Proud moment for Monmouth University.
Monmouth University Tuition and Fees
But I’d wager this moron summa cum-laude went on the Pell Grant thanks to the 53%.

bloviator on October 27, 2011 at 4:48 PM

OT: S&P up 3%. Not much of a recession there, huh? I wonder why that is…
ernesto on October 27, 2011 at 4:15 PM

I’ll take that as a legitimate question, and not as some sarcastic comment.

The S&P, along with the other indices, were up because the EU agreed on a broad plan (with little details) that included a quadrupling of the EFSF as well as a 50% haircut on Greek debt. But the biggest reason why the market was up today is because the International Swaps and Derivatives Association came out and said that, because the Greek haircut was “voluntary”, a 50% loss would NOT be considered a “credit event” (i.e. default). All together, this caused the Euro to rally like crazy against our dollar; and for a while now, our equity markets have been tied to the Euro: when it rallies, we rally. Plus, with Greece “off the table” the VIX plunged 15% signaling a “risk on” environment helping with today’s rally. It has less to do with our economy and more to do with Europe’s situation. For over three months, our markets have either risen or fallen based on rumors about whether or not Europe would be able to prevent the default of a Eurozone member state. Today, the market believes that Europe has found a solution, so we rallied.

Weight of Glory on October 27, 2011 at 4:50 PM

It’s a good video. Funny how a guy wearing a Halloween mask called him a fool and an idiot, lol. That guy wanted to slam Steve Jobs for making iphones in China, but how many iphones are being used by the people of OWS? Is he going to criticize all of those 99 percenters or just focus on the dead Steve Jobs?

Then there is the short haired boyish looking female 1% who claims she only pays 10% in taxes. I would Schiff asked how she made/got her money and why her taxes are so low. It was funny when he suggested she pay more in taxes like him and she ignored it. These limousine liberals NEVER respond to why they don’t pay more in taxes.

Daemonocracy on October 27, 2011 at 4:52 PM

They bore that part when they earned money their whole lives working. Now they’re old and can’t work – and you want to hit them up for cash? That’s supposed to be better than asking those with the most means? On what planet?

ernesto on October 27, 2011 at 4:37 PM

So, you’re suggesting that the 47% are entirely peopled with retired folk?

Midas on October 27, 2011 at 4:52 PM

Weight of Glory on October 27, 2011 at 4:50 PM

He stopped reading at “I’ll take that as a legitimate question…”

Midas on October 27, 2011 at 4:54 PM

Midas on October 27, 2011 at 4:52 PM

Once you take out the huge retired population, and the population of 18-22 year olds with no income whatsoever, you’re left with the poorest, hardest working Americans. Now, given the choice between hitting them up for cash, and hitting up the wealthiest 1%, I choose the latter. You choose the former. I can’t imagine why, but you’re entitled, I suppose.

ernesto on October 27, 2011 at 4:57 PM

ernesto on October 27, 2011 at 4:47 PM

The fact that capitalism provides you with such luxuries flew right over your head, didn’t it?

kingsjester on October 27, 2011 at 4:57 PM

Midas on October 27, 2011 at 4:18 PM

Midas, ernesto cannot be swayed with facts. Facts are so right-winger.

Don’t you care enough about people that you want to be generous with other people’s money like he is? Get with it.

beatcanvas on October 27, 2011 at 4:58 PM

kingsjester on October 27, 2011 at 4:57 PM

No, I’m aware of it, but I’m not here complaining about capitalism or trying to tear it down. You’re imagining that.

ernesto on October 27, 2011 at 4:59 PM

If not for his national security and foreign policy views; Peter Schiff ’12! That’s the kind of articulate man I want as POTUS. I think Russ Limbaugh would be more well rounded, though, much stronger on other issues.

Limbaugh/Schiff ’12? ;)

FloatingRock on October 27, 2011 at 5:02 PM

but they certainly weren’t making scarsdale money.
 
ernesto on October 27, 2011 at 4:01 PM

 
Ernesto, thanks for clearing that up about your privileged education. Turns out only ~10% of all students can afford private schools.
 
Maybe not “Scarsdale money” private schools, though.
 
1% indeed. I knew there were some in our midst, but I never expected you as one. That’s rich (ha, get it?)
 
When the time came, did you choose a private university, too?

rogerb on October 27, 2011 at 5:03 PM

Comment pages: 1 2