President Obama tells us that there is a clear choice in our upcoming election.
Boy howdy, he is not kidding.
Since the mainstream media will not do their job, concerned citizens embark on the task themselves.
Enter Peter Schiff, CEO and Chief Investment Officer of Euro Pacific Capital, who got to know some of the delegates and guest at the Democratic National Convention.
Grab a chair, and get a load of this:
If these folks were in charge, we would hit the wall economically in short order. They are, and we have.
The level of stupidity by these folks on how commerce and free markets operate is simply stunning.
For example, corporations are indeed people.
In fact, just earlier this morning, I collected a portion of a rental obligation owed me for the month of September. Legally, since all the rent could not be paid, I could file for eviction on Monday morning, which is what a corporation, one without owners with compassion, would do.
However, I am the corporation, and I will give the tenant a few extra days to come up with the remainder of the obligation owed, assuming some risk for doing so.
Some the folks interviewed want there to be no profits. This, of course, would destroy any incentive to produce privately. Governments could force production of products, but that is communism where independent initiative and dreams are nullified.
We cannot allow these imbeciles to outnumber us at the voting booth in November.
Sunday, September 9, 2012
Idiots At Large
Labels:
Barack Obama,
Communism,
Corporations,
Democrats,
Free Market Capitalism,
Peter Schiff,
Risk
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