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Democrats: Let's Ban Profits!
http://www.youtube.com ^ | Sept. 5, 2012 | SchiffReport

Posted on 09/06/2012 11:41:31 AM PDT by Free ThinkerNY

Peter Schiff speaks to mainstream DNC delegates who want to see a cap or ban on corporate profits.

(Excerpt) Read more at youtube.com ...


TOPICS: Breaking News; Business/Economy; Constitution/Conservatism; Politics/Elections
KEYWORDS: 2012; commies; communists; corporateprofits; corporations; democrats; evil; jaywalkers; leftwingnuts; morons; profits; reds; rich; voting
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1 posted on 09/06/2012 11:41:37 AM PDT by Free ThinkerNY
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To: Free ThinkerNY

Next they will then want to cap how much many a person can make....

Liberalism is worse than stage four cancer..... =.=


2 posted on 09/06/2012 11:44:01 AM PDT by cranked
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To: Free ThinkerNY

Paging John Galt!


3 posted on 09/06/2012 11:45:27 AM PDT by Tenacious 1 (The Click-&-Paste Media exists & works in Utopia, riding unicorns & sniffing pixy dust.)
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To: Tenacious 1

“In the end. We were all Kulaks.” - Stalin’s Forced Famine


4 posted on 09/06/2012 11:52:37 AM PDT by massgopguy (I owe everything to George Bailey)
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To: Free ThinkerNY

Effing incredible......


5 posted on 09/06/2012 11:53:58 AM PDT by norcal joe
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To: Free ThinkerNY

..and some still believe that four more years of The One is a recoverable situation..?


6 posted on 09/06/2012 11:58:24 AM PDT by RitchieAprile
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To: Free ThinkerNY

No wonder the Founders said you had to own land to vote.


7 posted on 09/06/2012 12:01:12 PM PDT by Lets Roll NOW (A baby isn't a punishment, Obama is)
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To: Free ThinkerNY

The way the economy has been going the last three years they already have.


8 posted on 09/06/2012 12:03:46 PM PDT by pie_eater
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To: RitchieAprile
BINGO!!
9 posted on 09/06/2012 12:04:49 PM PDT by 2ndDivisionVet (You cannot invade the mainland United States. There would be a rifle behind every blade of grass.)
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To: Free ThinkerNY
Yes. Lets ban all (ALL) profits.

Just Illegal or immoral profits. (Like graft and behind closed door deals).

Lets make sure the Democratic side of the chamber no longer out does those on the Republicans.

They have made more percapita than the Republicans since sometime in the early 19th century.

I remember the 1950's and the Dems were making over 40% more than their counter parts in the Republican party and the Dems could not justify their income as being business related.

Monkey business Yes. Legit Business No.

10 posted on 09/06/2012 12:06:46 PM PDT by jongaltsr
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To: Free ThinkerNY

Fine. Ban all profits. Then you can ban all jobs because without profits, there are NO JOBS!


11 posted on 09/06/2012 12:08:04 PM PDT by RetiredArmy (The Scriptures clearly tell us we are in the last days, the end times. Christ is the only answer!)
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To: Free ThinkerNY

let cap how much Clinton can make from his speech !!


12 posted on 09/06/2012 12:09:32 PM PDT by jennychase
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To: Free ThinkerNY

I think it’s time to ban democRATS.

There is no place in America for these vermin any longer.


13 posted on 09/06/2012 12:10:06 PM PDT by chris37 (Heartless.)
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To: Free ThinkerNY
Photobucket
14 posted on 09/06/2012 12:13:24 PM PDT by EGPWS (Trust in God, question everyone else)
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To: Free ThinkerNY
"We will bury you!"
15 posted on 09/06/2012 12:15:23 PM PDT by EGPWS (Trust in God, question everyone else)
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To: jennychase

Well said! They’ve finally come out of the closet with this statement: Now they’re very openly, and very brazenly, admitting their Communist leanings.


16 posted on 09/06/2012 12:15:22 PM PDT by AmericanMermaid
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To: chris37

Sooner or later they will have to be rounded up.

And no, I’m not joking.


17 posted on 09/06/2012 12:17:23 PM PDT by SpaceBar
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To: Free ThinkerNY

No profits is a good strategy if you can stay in business. A whole lot less taxes


18 posted on 09/06/2012 12:18:26 PM PDT by Figment
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To: Free ThinkerNY

Not a shock. They discuss this pretty openly amongst themselves on their wacko websites and obscure cable channels with a couple dozen viewers.

“Capitalism is BROKEN. Time for it to be REPLACED.”


19 posted on 09/06/2012 12:18:42 PM PDT by Buckeye McFrog
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To: SpaceBar

Agreed.


20 posted on 09/06/2012 12:19:48 PM PDT by chris37 (Heartless.)
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To: Free ThinkerNY
That's an accounting principle.

How do you ban that?

Might as well ban gravity.

21 posted on 09/06/2012 12:20:40 PM PDT by elkfersupper ( Member of the Original Defiant Class)
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To: Lets Roll NOW

Well, THAT genie is out of the bottle and won’t be going back in.


22 posted on 09/06/2012 12:22:46 PM PDT by Sequoyah101 (Half the people are below average, they voted for oblabla.)
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To: Free ThinkerNY
Democrats: Let's Ban Profits!

Didn't they effectively achieve that by electing obama?

23 posted on 09/06/2012 12:28:14 PM PDT by Caipirabob (Communists... Socialists... Democrats...Traitors... Who can tell the difference?)
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To: Free ThinkerNY

Do these fools realize that no profits = no taxes?


24 posted on 09/06/2012 12:29:13 PM PDT by newbolt
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To: Free ThinkerNY
"Production for Use, not Profit!"

That and "Share the Wealth" were the slogans of Upton Sinclair's 1934 run for governor of California on the Socialist ticket. The elderly will remember this. The Democrats and Republicans had to combine their efforts to defeat him.

25 posted on 09/06/2012 12:32:25 PM PDT by Publius (Leadership starts with getting off the couch.)
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To: elkfersupper
Used to work for 2 brothers years ago who owned a small business, Marve 25 employees and they would would draw each month an expense check for about $5000, run ALL household repairs through the business with billing supplied by contractors well known to them showing work done on business. They each had a car paid for by the company, gasoline credit cards, etc. and at the end of the year after all the bills were paid they would each take 50% of what was left as a bonus, usually something over one million dollars each.

The company never showed a profit on paper and the brothers claimed the money they took as income and paid a lower rate than what the corporate rate was at the time.

26 posted on 09/06/2012 12:33:49 PM PDT by Lacey2
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To: Free ThinkerNY
If the profits of the New York Yankees was banned, what kind of team would they field?

If the profits of Paramount Pictures was banned, what kind of movies would they make?

Oh? You don't mean those companies? Only ban oil companies profits, or Wall Street companies, or drug companies?

-PJ

27 posted on 09/06/2012 12:37:01 PM PDT by Political Junkie Too ( It doesn't come naturally when you're not natural born.)
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To: EGPWS

Exactly! It’s baaaaaack...


28 posted on 09/06/2012 12:39:00 PM PDT by DoughtyOne (Americans want what Americans always wanted: Better lives for families; little government authority.)
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To: Free ThinkerNY

The b***ards don’t just want to take us back to the Dark Ages, they want to take us back to the stone age... which, even then, I’ll bet bartering and profit taking went on.

These b***ards simply want to exterminate the human race. That’s how much they hate themselves and everyone else.


29 posted on 09/06/2012 12:40:55 PM PDT by LibWhacker
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To: SpaceBar

Horrible as it sounds, that was honestly my first reaction to that video.


30 posted on 09/06/2012 12:43:47 PM PDT by AzSteven ("War is less costly than servitude, the choice is always between Verdun and Dachau." Jean Dutourd)
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To: SpaceBar
"Sooner or later they will have to be rounded up."

They are saying the same thing about us....
31 posted on 09/06/2012 12:46:59 PM PDT by laxcoach (Government is greedy. Taxpayers who want their own money are not greedy.)
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To: SpaceBar
They don't need to be "rounded up". They need to be rendered meaningless and powerless.

Looking across the DNC hall, it occurred to me that the reason they all adore government so much is that because without it, nary a one of them could pour piss out of a boot if the instructions were written on the heel.

Likewise, they detest "profits" because making a profit requires work, the production of something that someone actually wants, and a voluntary exchange of value. Those who can, do. Those who can't become Democrats.

32 posted on 09/06/2012 12:48:05 PM PDT by andy58-in-nh (America does not need to be organized: it needs to be liberated.)
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To: Free ThinkerNY
"DNC delegates who want to see a cap or ban on corporate profits"
33 posted on 09/06/2012 12:53:09 PM PDT by tumblindice (Sic Semper Tyrannis)
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To: Free ThinkerNY

Democrat Party = Home of the uneducated, godless, gubmint cheese eating, rat!!!! This is what government schools have given us!! God help us!!!


34 posted on 09/06/2012 12:57:57 PM PDT by Anti-Hillary (Barry, Barry quite contrary, how does your government grow?...)
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To: Anti-Hillary
This is what government schools have given us!!

Indeed, Karl Marx's dream has come to pass.BTW I just paid my inflated property taxes, so I'm royally PO'd with all this at the moment.

There are days I honestly civil war is inevitable in this country. I don't believe Marxism and freedom can coexist indefinitely.

35 posted on 09/06/2012 1:06:03 PM PDT by Marathoner (DNC: Fluke, Clinton, Warren: The slut, the pimp and paleface)
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To: Marathoner

“I don’t believe Marxism and freedom can coexist indefinitely.

Put another way, eventually those who are always pulling the wagon come to resent those who are always riding in the wagon.

Redistribution, reparations, social justice—call it whatever you like but what it boils down to is you and I always pay while others always take.


36 posted on 09/06/2012 1:10:54 PM PDT by tumblindice (Sic Semper Tyrannis)
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To: Free ThinkerNY

This is why I can’t understand how most here are anti-abortion. Do you really want commies to breed more commies?


37 posted on 09/06/2012 1:15:58 PM PDT by randomhero97 ("First you want to kill me, now you want to kiss me. Blow!" - Ash)
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To: Free ThinkerNY

They only want to ban other peoples profits. The nomenclature will still live the high life.


38 posted on 09/06/2012 1:16:19 PM PDT by redgolum ("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
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To: Free ThinkerNY

This is exactly what the democrats are after. “Profit” is a four letter word.


39 posted on 09/06/2012 1:18:42 PM PDT by Jim Robinson (Resistance to tyrants is obedience to God!!)
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To: Lacey2

Corporations (even small ones) are completely evil. We should not work for them. We should all get government jobs.


40 posted on 09/06/2012 1:21:01 PM PDT by Jim Robinson (Resistance to tyrants is obedience to God!!)
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To: newbolt
Do these fools realize that no profits = no taxes?

Uh, not quite.

They only mean to ban some...well, OK, most profits.

But what they mean by "banning" is simply, "if you make a "profit", it will, in it's entirety, revert to government coffers. Then they will "redistribute" it, or something like that.

If you make a "profit", you are engaging in immoral, unethical, and anti-American behavior, and laws to reign this type of behavior in is in the public good. They allow the business to continue, they simply "regulate" the excess.

There will be corollaries to this law, such as taxing anyone with "income" over, say, $250,000 at a rate of 104%, or something like that.

People like entrepreneurs/inventors will be permitted to retain a "living wage" (to be determined by the scions of Political Correctness on the Left), but anything over that reverts to the Treasury.

All overseas bank accounts, of course, will be outlawed, and once this law passes, all monies in those accounts revert to the treasury, as it will be assumed such monies placed in accounts deemed "beyond the reach of government" must, ipso facto, be the result of illegal behavior and are, thus, ill-gotten gains. These monies may, or may not, be "redistributed", depending on how our fearless leaders feel on that particular day.

There will others, rest assured, but I'm sure you get the gist of what they are saying to you.

As the horse Boxer opined in Animal Farm, "The answer, as I see it, is for me to work harder."

Remind your Democrat and otherwise Communist-thinking friends of this.

You have been warned!!!

Elections have consequences!

CA....

41 posted on 09/06/2012 1:21:27 PM PDT by Chances Are (Seems I've found that silly grin again....)
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To: randomhero97

Take it elsewhere, pal. FR is pro-life. Don’t like it? Spin on it.


42 posted on 09/06/2012 1:22:38 PM PDT by Jim Robinson (Resistance to tyrants is obedience to God!!)
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To: randomhero97

They aren’t “breeders” anyway. Just ask them.


43 posted on 09/06/2012 1:23:34 PM PDT by Jim Robinson (Resistance to tyrants is obedience to God!!)
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To: Free ThinkerNY

Actual quote text?


44 posted on 09/06/2012 1:27:16 PM PDT by ctdonath2 ($1 meals: http://abuckaplate.blogspot.com)
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To: Free ThinkerNY

Incredible.


45 posted on 09/06/2012 1:28:11 PM PDT by sf4dubya (I rebelled against my parents by becoming a conservative. REJECT THEN STOP SOCIALISM THIS NOV!)
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To: Free ThinkerNY
My husband has relatives (cousin & husband) that we used to see quite regularly.

A few years back at dinner, she went on a tangent about corporate salaries, etc. that these guys made too much money and that was so wrong and something should be done about it. Blah, blah, blah.

I finally had enough (had promised hubby many times that I would bite my tongue), but enough was enough. I asked her who would decide who made "too much money". Was she going to decide, how about me ? Heaven forbid it was the government to decide. How about if I decide that she makes too much money ? She can take a paycut.

Needless to say, she was had no response to my questions and sat there speechless. Dinner ended rather quickly after that and the next time we saw them (about a year or so ago), we had a surprisingly pleasant dinner since she chose to keep her stupid comments to herself (but still definitely a zero zombie).

46 posted on 09/06/2012 1:29:12 PM PDT by coder2
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To: Jim Robinson

Ah, good point considering one of their heroes is Margarat Sanger.


47 posted on 09/06/2012 1:32:40 PM PDT by randomhero97 ("First you want to kill me, now you want to kiss me. Blow!" - Ash)
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To: Free ThinkerNY

Liberals want to control EVERYTHING from how much water you flush in your toilet, to what you eat, to where you will live and how much you will make at work.


48 posted on 09/06/2012 1:35:53 PM PDT by Blood of Tyrants (Never believe anything in politics until it has been officially denied.)
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To: Jim Robinson
They aren’t “breeders” anyway. Just ask them.

I think I just threw up in my mouth a little bit, Jim....
Thanks for that.

;-)
49 posted on 09/06/2012 1:37:28 PM PDT by RandallFlagg (Obama hates Mexicans (Fast and Furious))
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To: SpaceBar

At this point,I’d rather it be sooner. Why wait until the country is so impoverished that resistance will be much harder?


50 posted on 09/06/2012 1:43:20 PM PDT by Quickgun (Second Amendment. The only one you can put your hands on.)
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