Sam Seder Ridicules Peter Schiff

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Welcome to the Schiff haters union, Sam.
NetRunnersays...

>> ^notarobot:

I wonder when is was that Peter Schiff was bought by Koch.


I haven't really heard much about a Schiff/Koch connection. Personally, I doubt Schiff was really "bought" per se, I'd say Schiff is a True Believer in the same ideological cult as the Kock brothers.

Namely, they think the entire world would be better if rich just people got to run everything without having to go through the exercise of rigging elections and buying politicians.

xxovercastxxsays...

The entire video is based on the strawman laid out at 0:29.

I'm not backing Schiff, but this is a misrepresentation of his argument. He said the free market provided these improvements, not "the 1%". These are not equivalents and you all know it.

You're all so eager to dismiss the opposition that you don't even pay attention to what they are saying.

Crosswordssays...

>> ^xxovercastxx:

The entire video is based on the strawman laid out at 0:29.
I'm not backing Schiff, but this is a misrepresentation of his argument. He said the free market provided these improvements, not "the 1%". These are not equivalents and you all know it.
You're all so eager to dismiss the opposition that you don't even pay attention to what they are saying.


Well many of us don't think there is such a thing as a 'free market'. Not just that there isn't one now, but that the idea of a free market is only possible conceptually. We see it as a chimera, a mythical beast constructed of other animals, that does not exist and cannot be created. So while individual pieces exist, lions, eagles, supply, demand, the combination of these pieces into some self balancing force seems impossible.

So I guess to put it another way when we hear the words free market we think about the human factor, those people actually exerting their control and manipulating market forces and the basic hierarchy for control goes something like this:
1% > next 4% >> government >>>> everyone else.
So when we hear free-market we usually think of the people who can exert the most control.

As for the free market or the 1% giving us child labor laws, that was government regulation in the form of the Fair Labor Standards Act. If you want to call government regulation free-market corrections go ahead.

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