LOL. Too easy. Democrats attending a DNC? Low-lying fruit. I'm hoping that Republicans at least know the difference between a credit column and a debit column.
I don't know if I should laugh or cry. What a bunch of non-thinking zombies. I love the tard at the end that actually calls Peter the smartest guy at the convention because I guess of the idiotic economically ignorant questions he was asking. Jeez....you ruined my night.
I'm for abolishing the federal government, and then, at worst, letting the idiotic state governments compete with each other for their treatment of business, capital and human beings in general.
How these idiots think they'll clothe, feed, and house themselves without corporate profits is beyond me. Sometimes I wonder whether people are dumber today, as opposed to my childhood in the 1980s. Back then, we had not been drained of as much wealth, and it was possible to save the dollar. Social Security and Medicare were doomed from the beginning, and most people were never aware of this. My imperfect answer would be yes, people are dumber today; because if they have not figured it out by now, I'm not sure even living in dirt will wake them up.
Forget ID cards to vote, if minimum iq were a requirement the Dems would be shut down tomorrow. To think that those were the 'cream of the crop' who were voted to attend the conference on behalf of those who may no be able to fully follow along. Wow.
Cheer up folks! There is a bright side to all this towering stupidity. Reality has a way of culling the willfully dumb from the human herd.
I would bet that, other than the union guy, none of these blockheads have any meaningful job skills. Certainly none of them has ever run a business. Most are probably government employed, paper pushing drones with useless college degrees comprised of the words "studies", "history", "language", "education" and "arts."
Being fervent believers in dependency on government programs of one sort or another none of these know nothings own guns, gold or store food. They really believe that government cares about them. Judging from their appearances, they clearly worship the government's food pyramid and believe that pills paid for by the government will solve all their inevitable lifestyle related health problems.
When the SHTF, they will helplessly sit around waiting for the government to ride to the rescue to take care of them. Of course the cavalry will fail to arrive. Once their money is vaporized by hyperinflation, the food stores will be looted. After a few weeks, all the food in the large cities will be gone and the rioting and burning will begin. The strong will take from the weak who will then perish. Being functionally illiterate and having no knowledge, ability or discipline to build, repair or grow things, the strong will also begin to perish. Attempts to forage on foot for life's essentials outside urban areas will be met with bullets.
A few months after the SHTF, the social justice crowd will be consigned to the dustbin of history by reality's Darwinian justice.
If busybody liberals really understood the importance of profits, they would probably lobby Congress to criminalize losing money!
Profit and loss are metrics for value creation and destruction. Businesses that honestly turn a profit are actually bringing additional value into existence. Their end products are judged by customers to be worth more than the combined value of the inputs. We are all the richer for it. Businesses that lose money are destroying value. They are actually wasting capital, labor and raw materials. Their end products are judged by customers to be worth less than the combined value of the inputs. We all become poorer because of it.
I saw this posted on YouTube and it honestly made me quite nauseous.
ReplyDeletePublic education at its finest.
We really should pour more fiat down that rabbit hole...... look how successful its been !
At first I was cracking up. Then I started to realise how many people believe this nonsense and I suddenly felt like drinking.
ReplyDeleteSo this settles it I guess. The Democratic party is truly made up of unrepentant Marxists.
ReplyDeleteLOL. Too easy. Democrats attending a DNC? Low-lying fruit. I'm hoping that Republicans at least know the difference between a credit column and a debit column.
ReplyDeleteIf history is a guide, don't count on it.
DeleteExcuse me while I light myself on fire.
ReplyDeleteI'm in stitches! "Make 'em pay!" "Yea!" "Through the nose!"
ReplyDeleteThe U.S. is doomed. I'm convinced after seeing this.
ReplyDeleteExactly my thoughts. Hold your gold tightly!
DeleteI don't know if I should laugh or cry. What a bunch of non-thinking zombies. I love the tard at the end that actually calls Peter the smartest guy at the convention because I guess of the idiotic economically ignorant questions he was asking. Jeez....you ruined my night.
ReplyDeleteMeat heads. Meat heads who vote. Ain't democracy grand?
ReplyDeleteIs like "Jaywalking" except that everyone being interviewed by Peter has a gun to our heads.
ReplyDeleteFile under "No hope for the human race".
ReplyDeleteI'm for abolishing the federal government, and then, at worst, letting the idiotic state governments compete with each other for their treatment of business, capital and human beings in general.
ReplyDeleteHow these idiots think they'll clothe, feed, and house themselves without corporate profits is beyond me. Sometimes I wonder whether people are dumber today, as opposed to my childhood in the 1980s. Back then, we had not been drained of as much wealth, and it was possible to save the dollar. Social Security and Medicare were doomed from the beginning, and most people were never aware of this. My imperfect answer would be yes, people are dumber today; because if they have not figured it out by now, I'm not sure even living in dirt will wake them up.
Neal Boortz(top 10 radio host) just played most bits from Peter's vid. That's 4 million people.
ReplyDeleteWhat a laugh! Thank you Peter Schiff. They dont have a bloody clue do they!
ReplyDeleteWhy didn't he go around the RNC asking folks if we should invade Iran, or Syria? (the non-Paulites of course) Republicans are just as moronic.
ReplyDeleteForget ID cards to vote, if minimum iq were a requirement the Dems would be shut down tomorrow. To think that those were the 'cream of the crop' who were voted to attend the conference on behalf of those who may no be able to fully follow along. Wow.
ReplyDeleteCheer up folks! There is a bright side to all this towering stupidity. Reality has a way of culling the willfully dumb from the human herd.
ReplyDeleteI would bet that, other than the union guy, none of these blockheads have any meaningful job skills. Certainly none of them has ever run a business. Most are probably government employed, paper pushing drones with useless college degrees comprised of the words "studies", "history", "language", "education" and "arts."
Being fervent believers in dependency on government programs of one sort or another none of these know nothings own guns, gold or store food. They really believe that government cares about them. Judging from their appearances, they clearly worship the government's food pyramid and believe that pills paid for by the government will solve all their inevitable lifestyle related health problems.
When the SHTF, they will helplessly sit around waiting for the government to ride to the rescue to take care of them. Of course the cavalry will fail to arrive. Once their money is vaporized by hyperinflation, the food stores will be looted. After a few weeks, all the food in the large cities will be gone and the rioting and burning will begin. The strong will take from the weak who will then perish. Being functionally illiterate and having no knowledge, ability or discipline to build, repair or grow things, the strong will also begin to perish. Attempts to forage on foot for life's essentials outside urban areas will be met with bullets.
A few months after the SHTF, the social justice crowd will be consigned to the dustbin of history by reality's Darwinian justice.
If busybody liberals really understood the importance of profits, they would probably lobby Congress to criminalize losing money!
ReplyDeleteProfit and loss are metrics for value creation and destruction. Businesses that honestly turn a profit are actually bringing additional value into existence. Their end products are judged by customers to be worth more than the combined value of the inputs. We are all the richer for it. Businesses that lose money are destroying value. They are actually wasting capital, labor and raw materials. Their end products are judged by customers to be worth less than the combined value of the inputs. We all become poorer because of it.
And we all know how liberals hate waste.